Bimetal Bearings (India) Performance |
BIMETAL -- India Stock | INR 517.00 1.65 0.32% |
The firm shows Beta (market volatility) of 0.0778 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. Even though it is essential to pay attention to Bimetal Bearings 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 has expected return of -0.1715%. Please be advised to confirm Bimetal Bearings Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Bimetal Bearings past performance will be repeated at some point in the near future.
Horizon | 30 Days Login to change |
Bimetal Bearings Relative Risk vs. Return Landscape
If you would invest 53,110 in Bimetal Bearings Limited on January 19, 2019 and sell it today you would lose (1,410) from holding Bimetal Bearings Limited or give up 2.65% of portfolio value over 30 days. Bimetal Bearings Limited is generating negative expected returns and assumes 1.2869% volatility on return distribution over the 30 days horizon. Simply put, 11% of equities are less volatile than Bimetal Bearings and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days. Daily Expected Return (%) |
Bimetal Bearings Market Risk Analysis
Sharpe Ratio = -0.1333
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Cash | SmallRisk | AverageRisk | HighRisk | HugeRisk |
Negative Returns | BIMETAL |
Bimetal Bearings Relative Performance Indicators
Estimated Market Risk
1.29 actual daily | 11 % of total potential |
Expected Return
-0.17 actual daily | 0 % of total potential |
Risk-Adjusted Return
-0.13 actual daily | 0 % 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
Risk-Adjusted PerformanceOver 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 | |
Bimetal Bearings generates negative expected return over the last 30 days |
Bimetal Bearings Performance Indicators
Bimetal Bearings Basic Price Performance Measures
Quick Ratio | 2.12 |
Fifty Two Week Low | 476.15 |
Fifty Two Week High | 689.00 |
Payout Ratio | 25.73% |
Trailing Annual Dividend Yield | 1.69% |
Check also Trending Equities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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