B nanji (India) Risk Analysis And Volatility Evaluation

BNANJEN -- India Stock  

INR 7.80  0.43  5.22%

Macroaxis considers B nanji to be risky. B nanji Enterprises secures Sharpe Ratio (or Efficiency) of -0.3504 which signifies that B nanji Enterprises had -0.3504% of return per unit of risk over the last 1 month. 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. B nanji Enterprises Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm B nanji Enterprises Coefficient Of Variation of 265.27 and Mean Deviation of 2.44 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

B nanji Market Sensitivity

As returns on market increase, returns on owning B nanji are expected to decrease at a much smaller rate. During bear market, B nanji is likely to outperform the market.
One Month Beta |Analyze B nanji Enterprises Demand Trend
Check current 30 days B nanji correlation with market (DOW)
β = -0.1658

B nanji Central Daily Price Deviation

B nanji Enterprises Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. B nanji Enterprises Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

B nanji Projected Return Density Against Market

Assuming 30 trading days horizon, B nanji Enterprises Ltd has beta of -0.1658 . This suggests as returns on benchmark increase, returns on holding B nanji are expected to decrease at a much smaller rate. During bear market, however, B nanji Enterprises Ltd is likely to outperform the market. Additionally, B nanji Enterprises Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of B nanji is -285.39. The daily returns are destributed with a variance of 10.33 and standard deviation of 3.21. The mean deviation of B nanji Enterprises Ltd is currently at 2.57. For similar time horizon, the selected benchmark (DOW) has volatility of 1.24
α
Alpha over DOW
=1.17
β
Beta against DOW=0.17
σ
Overall volatility
=3.21
Ir
Information ratio =0.35

B nanji Return Volatility

B nanji Enterprises Ltd accepts 3.2143% volatility on return distribution over the 30 days horizon. DOW inherits 1.3198% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

B nanji Volatility Factors

30 Days Market Risk

Risky

Chance of Distress in 24 months

About average

30 Days Economic Sensitivity

Moves indifferently to market move

Investment Outlook

B nanji Investment Opportunity

B nanji Enterprises Ltd has a volatility of 3.21 and is 2.43 times more volatile than DOW. 29% of all equities and portfolios are less risky than B nanji. Compared to the overall equity markets, volatility of historical daily returns of B nanji Enterprises Ltd is lower than 29 (%) of all global equities and portfolios over the last 30 days. Use B nanji Enterprises Ltd to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of B nanji to be traded at 7.41 in 30 days. As returns on market increase, returns on owning B nanji are expected to decrease at a much smaller rate. During bear market, B nanji is likely to outperform the market.

B nanji correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding B nanji Enterprises Ltd and equity matching DJI index in the same portfolio.

B nanji Volatility Indicators

B nanji Enterprises Ltd Current Risk Indicators

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