Castex Technologies (India) Performance

CASTEXTECH -- India Stock  

INR 0.85  0.03  3.41%

The firm shows Beta (market volatility) of 0.6627 which signifies that as returns on market increase, Castex Technologies returns are expected to increase less than the market. However during bear market, the loss on holding Castex Technologies will be expected to be smaller as well. Even though it is essential to pay attention to Castex Technologies 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. Castex Technologies Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Castex Technologies has expected return of -0.0367%. Please be advised to confirm Castex Technologies Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Castex Technologies past performance will be repeated at some point in the near future.
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Risk-Adjusted Performance

Over the last 30 days Castex Technologies Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively unchanging essential indicators, Castex Technologies is not utilizing all of its potentials. The current stock price uproar, may contribute to short-term losses for the leadership.
Quick Ratio0.05
Fifty Two Week Low0.7500
Target High Price62.00
Fifty Two Week High3.7200
Target Low Price62.00
Horizon     30 Days    Login   to change

Castex Technologies Relative Risk vs. Return Landscape

If you would invest  86.00  in Castex Technologies Limited on May 21, 2019 and sell it today you would lose (1.00)  from holding Castex Technologies Limited or give up 1.16% of portfolio value over 30 days. Castex Technologies Limited is generating negative expected returns and assumes 2.7826% volatility on return distribution over the 30 days horizon. Simply put, 24% of equities are less volatile than Castex Technologies 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, Castex Technologies is expected to under-perform the market. In addition to that, the company is 3.48 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of volatility.

Castex Technologies Market Risk Analysis

Sharpe Ratio = -0.0132
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Castex Technologies Relative Performance Indicators

Estimated Market Risk
 2.78
  actual daily
 
 24 %
of total potential
 
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Expected Return
 -0.04
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.01
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 0 %
of total potential
 
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Based on monthly moving average Castex Technologies 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 Castex Technologies by adding it to a well-diversified portfolio.

Castex Technologies Alerts

Equity Alerts and Improvement Suggestions

Castex Technologies is not yet fully synchronised with the market data
Castex Technologies generates negative expected return over the last 30 days
Castex Technologies has some characteristics of a very speculative penny stock
Castex Technologies has high likelihood to experience some financial distress in the next 2 years
Castex Technologies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 59.71B in total debt with debt to equity ratio (D/E) of 218.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Castex Technologies has Current Ratio of 0.18 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported revenue of 5.36B. Net Loss for the year was (18.06B) with profit before overhead, payroll, taxes, and interest of 2.15B.
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