Macroaxis considers Cantabil Retail to be not too risky. Cantabil Retail India secures Sharpe Ratio (or Efficiency) of -0.0125 which signifies that Cantabil Retail India had -0.0125% of return per unit of risk over the last 2 months. Macroaxis philosophy towards 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. Cantabil Retail India Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Cantabil Retail India Risk Adjusted Performance of
(0.12) and Mean Deviation of 1.72 to double-check risk estimate we provide.
|Horizon||30 Days Login to change|
Cantabil Retail Market Sensitivity
|As returns on market increase, Cantabil Retail returns are expected to increase less than the market. However during bear market, the loss on holding Cantabil Retail will be expected to be smaller as well.2 Months Beta |Analyze Cantabil Retail India Demand TrendCheck current 30 days Cantabil Retail correlation with market (DOW)|
β = 0.0022
Cantabil Retail Central Daily Price Deviation
Cantabil Retail India Technical Analysis
Cantabil Retail Projected Return Density Against MarketAssuming 30 trading days horizon, Cantabil Retail has beta of 0.0022 . This suggests as returns on market go up, Cantabil Retail average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Cantabil Retail India Limited will be expected to be much smaller as well. Additionally, Cantabil Retail India Limited 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
Assuming 30 trading days horizon, the coefficient of variation of Cantabil Retail is -7970.82. The daily returns are destributed with a variance of 2.99 and standard deviation of 1.73. The mean deviation of Cantabil Retail India Limited is currently at 1.1. For similar time horizon, the selected benchmark (DOW) has volatility of 1.3
|Alpha over DOW||=||0.36|
|Beta against DOW||=||0.0022|
Cantabil Retail Return VolatilityCantabil Retail India Limited accepts 1.7279% volatility on return distribution over the 30 days horizon. DOW inherits 1.3487% risk (volatility on return distribution) over the 30 days horizon.
Cantabil Retail India Limited has a volatility of 1.73 and is 1.28 times more volatile than DOW. 15% of all equities and portfolios are less risky than Cantabil Retail. Compared to the overall equity markets, volatility of historical daily returns of Cantabil Retail India Limited is lower than 15 (%) of all global equities and portfolios over the last 30 days.