Bimetal Bearings (India) Performance

BIMETAL -- India Stock  

INR 565.00  20.90  3.57%

Macroaxis gives Bimetal Bearings performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.5046 which signifies that as returns on market increase, returns on owning Bimetal Bearings are expected to decrease at a much smaller rate. During bear market, Bimetal Bearings is likely to outperform the market.. Even though it is essential to pay attention to Bimetal Bearings Limited historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Bimetal Bearings Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Bimetal Bearings Limited has expected return of -0.0325%. Please be advised to confirm Bimetal Bearings Limited Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Bimetal Bearings Limited past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Bimetal Bearings Limited Relative Risk vs. Return Landscape

If you would invest  57,000  in Bimetal Bearings Limited on August 23, 2018 and sell it today you would lose (500.00)  from holding Bimetal Bearings Limited or give up 0.88% of portfolio value over 30 days. Bimetal Bearings Limited is generating negative expected returns and assumes 1.8723% volatility on return distribution over the 30 days horizon. Simply put, 17% of equities are less volatile than Bimetal Bearings Limited and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Bimetal Bearings Limited is expected to under-perform the market. In addition to that, the company is 4.22 times more volatile than its market benchmark. It trades about -0.02 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.43 per unit of volatility.

Bimetal Bearings Market Risk Analysis

Sharpe Ratio = -0.0173
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsBIMETAL

Bimetal Bearings Relative Performance Indicators

Estimated Market Risk
 1.87
  actual daily
 
 83 %
of total potential
  
Expected Return
 -0.03
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.02
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Bimetal Bearings is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bimetal Bearings by adding it to a well-diversified portfolio.

Bimetal Bearings Performance Rating

Bimetal Bearings Limited Risk Adjusted Performance Analysis

0 

Risk-Adjusted Performance

Over the last 30 days Bimetal Bearings Limited has generated negative risk-adjusted returns adding no value to investors with long positions.

Bimetal Bearings Alerts

Equity Alerts and Improvement Suggestions

Bimetal Bearings generates negative expected return over the last 30 days
Check also Trending Equities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
Search macroaxis.com