Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for B nanji Enterprises Ltd which you can use to evaluate future volatility of the entity. Please confirm B nanji Enterprises Mean Deviation of 1.74 and Coefficient Of Variation of
(1,472) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
B nanji Market Sensitivity
|As returns on market increase, B nanji returns are expected to increase less than the market. However during bear market, the loss on holding B nanji will be expected to be smaller as well. 2 Months Beta |Analyze B nanji Enterprises Demand TrendCheck current 30 days B nanji correlation with market (DOW)|
β = 0.2821
B nanji Central Daily Price Deviation
B nanji Enterprises Technical Analysis
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B nanji Projected Return Density Against MarketAssuming 30 trading days horizon, B nanji has beta of 0.2821 . This suggests as returns on market go up, B nanji average returns are expected to increase less than the benchmark. However during bear market, the loss on holding B nanji Enterprises Ltd 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. B nanji Enterprises is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.24|
|Beta against DOW||=||0.28|
B nanji Return Volatilitythe corporation accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.8419% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.84 and is 9.223372036854776E16 times more volatile than B nanji Enterprises Ltd. 0% 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 0 (%) of all global equities and portfolios over the last 30 days. Use B nanji Enterprises Ltd 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 B nanji to be traded at 8.53 in 30 days. . As returns on market increase, B nanji returns are expected to increase less than the market. However during bear market, the loss on holding B nanji will be expected to be smaller as well.
B nanji correlation with market