ELGIEQUIP6 (India) Risk Analysis And Volatility

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

We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

ELGIEQUIP6 Projected Return Density Against Market

Assuming 30 trading days horizon, ELGIEQUIP6 has beta of 0.0 suggesting the returns on DOW and ELGIEQUIP6 do not appear to be related. Furthermore, It does not look like the company alpha can have any bearing on the equity current valuation.
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

ELGIEQUIP6 Return Volatility

the firm accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9256% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Did you try this?

Run Positions Ratings Now


Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Positions Ratings

Investment Outlook

ELGIEQUIP6 Investment Opportunity

DOW has a standard deviation of returns of 1.93 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

Additionally see Investing Opportunities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Search macroaxis.com