Macroaxis considers C Mer to be unknown risk. C Mer Industries secures Sharpe Ratio (or Efficiency) of -0.1477 which signifies that the company had -0.1477% of return per unit of risk over the last 2 months. Macroaxis approach into 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. C Mer Industries Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm C Mer Industries Coefficient Of Variation of
(2,319) and Mean Deviation of 2.35 to double-check risk estimate we provide.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
C Mer Market Sensitivity
|As returns on market increase, C Mer returns are expected to increase less than the market. However during bear market, the loss on holding C Mer will be expected to be smaller as well. 2 Months Beta |Analyze C Mer Industries Demand TrendCheck current 30 days C Mer correlation with market (DOW)|
β = 0.1505
C Mer Central Daily Price Deviation
C Mer Industries Technical Analysis
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C Mer Projected Return Density Against MarketAssuming 30 trading days horizon, C Mer has beta of 0.1505 . This suggests as returns on market go up, C Mer average returns are expected to increase less than the benchmark. However during bear market, the loss on holding C Mer Industries 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. C Mer Industries is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of C Mer is -676.84. The daily returns are destributed with a variance of 16.81 and standard deviation of 4.1. The mean deviation of C Mer Industries Ltd is currently at 2.6. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.15|
C Mer Return Volatilitythe company accepts 4.1003% volatility on return distribution over the 30 days horizon. the entity inherits 0.5769% risk (volatility on return distribution) over the 30 days horizon.
C Mer Investment Opportunity
C Mer Industries Ltd has a volatility of 4.1 and is 7.07 times more volatile than DOW. 36% of all equities and portfolios are less risky than C Mer. Compared to the overall equity markets, volatility of historical daily returns of C Mer Industries Ltd is lower than 36 (%) of all global equities and portfolios over the last 30 days. Use C Mer Industries Ltd to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of C Mer to be traded at S1049.79 in 30 days. . As returns on market increase, C Mer returns are expected to increase less than the market. However during bear market, the loss on holding C Mer will be expected to be smaller as well.
C Mer correlation with market
C Mer Current Risk Indicators
|Risk Adjusted Performance||(0.019243)|
|Market Risk Adjusted Performance||(1.07)|
|Coefficient Of Variation||(2,319)|
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