Cochin Shipyard (India) Performance

COCHINSHIP -- India Stock  

INR 358.15  1.80  0.50%

The firm shows Beta (market volatility) of -0.0096 which signifies that as returns on market increase, returns on owning Cochin Shipyard are expected to decrease at a much smaller rate. During bear market, Cochin Shipyard is likely to outperform the market. Even though it is essential to pay attention to Cochin Shipyard historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in 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. Cochin Shipyard Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Cochin Shipyard has expected return of -0.2108%. Please be advised to confirm Cochin Shipyard Jensen Alpha, and the relationship between Coefficient Of Variation and Potential Upside to decide if Cochin Shipyard past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Cochin Shipyard Relative Risk vs. Return Landscape

If you would invest  37,850  in Cochin Shipyard Limited on January 24, 2019 and sell it today you would lose (2,035)  from holding Cochin Shipyard Limited or give up 5.38% of portfolio value over 30 days. Cochin Shipyard Limited is generating negative expected returns and assumes 0.5602% volatility on return distribution over the 30 days horizon. Simply put, 5% of equities are less volatile than Cochin Shipyard 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, Cochin Shipyard is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.76 times less risky than the market. the firm trades about -0.38 of its potential returns per unit of risk. The DOW is currently generating roughly 0.33 of returns per unit of risk over similar time horizon.

Cochin Shipyard Market Risk Analysis

Sharpe Ratio = -0.3763
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsCOCHINSHIP

Cochin Shipyard Relative Performance Indicators

Estimated Market Risk
 0.56
  actual daily
 
 5 %
of total potential
 
5
Expected Return
 -0.21
  actual daily
 
 0 %
of total potential
 
0
Risk-Adjusted Return
 -0.38
  actual daily
 
 0 %
of total potential
 
0
Based on monthly moving average Cochin Shipyard 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 Cochin Shipyard by adding it to a well-diversified portfolio.

Cochin Shipyard Performance Rating

Cochin Shipyard Limited Risk Adjusted Performance Analysis

0

Risk-Adjusted Performance

Over the last 30 days Cochin Shipyard Limited has generated negative risk-adjusted returns adding no value to investors with long positions.

Cochin Shipyard Alerts

Equity Alerts and Improvement Suggestions

Cochin Shipyard is not yet fully synchronised with the market data
Cochin Shipyard generates negative expected return over the last 30 days
The company has accumulated about 37.05B in cash with (7.53B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 272.53.

Cochin Shipyard Performance Indicators

Cochin Shipyard Basic Price Performance Measures

Quick Ratio2.10
Fifty Two Week Low356.00
Target High Price685.00
Fifty Two Week High561.55
Trailing Annual Dividend Yield3.25%
Target Low Price520.00
Check also Trending Equities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
Search macroaxis.com