Macroaxis considers Bharati Defence to be exceptionally risky. Bharati Defence And secures Sharpe Ratio (or Efficiency) of -0.313 which signifies that the organization had -0.313% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Bharati Defence And Infrastructure Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bharati Defence And Mean Deviation of 3.63 and Risk Adjusted Performance of
(0.54) to double-check risk estimate we provide.
|Horizon||30 Days Login to change|
Bharati Defence Market Sensitivity
|As returns on market increase, Bharati Defence returns are expected to increase less than the market. However during bear market, the loss on holding Bharati Defence will be expected to be smaller as well. 2 Months Beta |Analyze Bharati Defence And Demand TrendCheck current 30 days Bharati Defence correlation with market (DOW)|
β = 0.1057
Bharati Defence Central Daily Price Deviation
Bharati Defence And Technical Analysis
Bharati Defence Projected Return Density Against MarketAssuming 30 trading days horizon, Bharati Defence has beta of 0.1057 . This suggests as returns on market go up, Bharati Defence average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Bharati Defence And Infrastructure Limited will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Bharati Defence And is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Bharati Defence is -319.52. The daily returns are destributed with a variance of 17.44 and standard deviation of 4.18. The mean deviation of Bharati Defence And Infrastructure Limited is currently at 3.29. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
|Alpha over DOW||=||1.42|
|Beta against DOW||=||0.11|
Bharati Defence Return Volatilitythe entity accepts 4.1764% volatility on return distribution over the 30 days horizon. the entity inherits 1.8419% risk (volatility on return distribution) over the 30 days horizon.
Bharati Defence And Infrastructure Limited has a volatility of 4.18 and is 2.27 times more volatile than DOW. 38% of all equities and portfolios are less risky than Bharati Defence. Compared to the overall equity markets, volatility of historical daily returns of Bharati Defence And Infrastructure Limited is lower than 38 (%) of all global equities and portfolios over the last 30 days. Use Bharati Defence And Infrastructure Limited to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Bharati Defence to be traded at 2.08 in 30 days. . As returns on market increase, Bharati Defence returns are expected to increase less than the market. However during bear market, the loss on holding Bharati Defence will be expected to be smaller as well.
Bharati Defence correlation with market