ELGIEQUIP6 (India) Risk Analysis And Volatility Evaluation

Our approach to predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ELGIEQUIP6 BO which you can use to evaluate future volatility of the firm. Please confirm ELGIEQUIP6 BO to check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

ELGIEQUIP6 BO Technical Analysis

Transformation
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ELGIEQUIP6 Projected Return Density Against Market

Assuming 30 trading days horizon, ELGIEQUIP6 has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and ELGIEQUIP6 are completely uncorrelated. Furthermore, ELGIEQUIP6 BOIt does not look like ELGIEQUIP6 alpha can have any bearing on the equity current valuation.
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.00
Ir
Information ratio =0.00

ELGIEQUIP6 Return Volatility

ELGIEQUIP6 BO accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
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Investment Outlook

ELGIEQUIP6 Investment Opportunity

DOW has a standard deviation of returns of 0.44 and is 9.223372036854776E16 times more volatile than ELGIEQUIP6 BO. 0% of all equities and portfolios are less risky than ELGIEQUIP6. Compared to the overall equity markets, volatility of historical daily returns of ELGIEQUIP6 BO is lower than 0 (%) of all global equities and portfolios over the last 30 days.

ELGIEQUIP6 Volatility Indicators

ELGIEQUIP6 BO Current Risk Indicators

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