Bimetal Bearings (India) Performance

BIMETAL -- India Stock  

INR 525.65  15.45  2.86%

Bimetal Bearings has performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0527 which signifies that as returns on market increase, Bimetal Bearings returns are expected to increase less than the market. However during bear market, the loss on holding Bimetal Bearings will be expected to be smaller as well.. Although it is extremely important to respect Bimetal Bearings historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Bimetal Bearings technical indicators you can presently evaluate if the expected return of 0.0152% will be sustainable into the future. Bimetal Bearings right now shows a risk of 2.375%. Please confirm Bimetal Bearings Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Bimetal Bearings will be following its price patterns.
Horizon     30 Days    Login   to change

Bimetal Bearings Relative Risk vs. Return Landscape

If you would invest  52,645  in Bimetal Bearings Limited on October 21, 2018 and sell it today you would lose (80.00)  from holding Bimetal Bearings Limited or give up 0.15% of portfolio value over 30 days. Bimetal Bearings Limited is generating 0.0152% of daily returns and assumes 2.375% volatility on return distribution over the 30 days horizon. Simply put, 21% 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 generate 1.87 times more return on investment than the market. However, the company is 1.87 times more volatile than its market benchmark. It trades about 0.01 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

Bimetal Bearings Market Risk Analysis

Sharpe Ratio = 0.0064
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Bimetal Bearings Relative Performance Indicators

Estimated Market Risk
 2.38
  actual daily
 
 79 %
of total potential
  
Expected Return
 0.02
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.01
  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 is not yet fully synchronised with the market data
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