Castex Technologies (India) Performance

CASTEXTECH -- India Stock  

INR 1.23  0.01  0.82%

Macroaxis gives Castex Technologies performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.2643 which signifies that as returns on market increase, returns on owning Castex Technologies are expected to decrease at a much smaller rate. During bear market, Castex Technologies is likely to outperform the market. . 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 -0.2276%. 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.
Horizon     30 Days    Login   to change

Castex Technologies Relative Risk vs. Return Landscape

If you would invest  136.00  in Castex Technologies Limited on December 16, 2018 and sell it today you would lose (13.00)  from holding Castex Technologies Limited or give up 9.56% of portfolio value over 30 days. Castex Technologies Limited is generating negative expected returns and assumes 3.2375% volatility on return distribution over the 30 days horizon. Simply put, 29% 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 1.6 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of volatility.

Castex Technologies Market Risk Analysis

Sharpe Ratio = -0.0703
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Castex Technologies Relative Performance Indicators

Estimated Market Risk
  actual daily
 29 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
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 Performance Rating

Castex Technologies Limited Risk Adjusted Performance Analysis


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.

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 may become a speculative penny stock
Castex Technologies has high historical volatility and very poor performance
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.
Latest headline from What You Must Know About Castex Technologies Limiteds Beta Value - Simply Wall St

Castex Technologies Performance Indicators

Castex Technologies Basic Price Performance Measures

Quick Ratio0.05
Fifty Two Week Low1.06
Target High Price62.00
Fifty Two Week High8.68
Target Low Price62.00
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