Emkay Global (India) Risk Analysis And Volatility Evaluation

EMKAY -- India Stock  

INR 97.05  0.20  0.21%

Macroaxis considers Emkay Global to be unknown risk. Emkay Global Financial secures Sharpe Ratio (or Efficiency) of -0.1035 which denotes Emkay Global Financial had -0.1035% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting 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. Emkay Global Financial Services Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Emkay Global Financial Coefficient Of Variation of 2,132 and Mean Deviation of 3.24 to check risk estimate we provide.
Horizon     30 Days    Login   to change

Emkay Global Market Sensitivity

Emkay Global returns are very sensitive to returns on the market. As market goes up or down, Emkay Global is expected to follow.
One Month Beta |Analyze Emkay Global Financial Demand Trend
Check current 30 days Emkay Global correlation with market (DOW)
β = 0.9021
Emkay Global llmost one BetaEmkay Global Financial Beta Legend

Emkay Global Financial Technical Analysis

Transformation
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Emkay Global Projected Return Density Against Market

Assuming 30 trading days horizon, Emkay Global has beta of 0.9021 suggesting Emkay Global Financial Services Limited market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Emkay Global is expected to follow. Additionally, Emkay Global Financial Services Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Emkay Global is -965.97. The daily returns are destributed with a variance of 10.75 and standard deviation of 3.28. The mean deviation of Emkay Global Financial Services Limited is currently at 2.48. For similar time horizon, the selected benchmark (DOW) has volatility of 1.15
α
Alpha over DOW
=0.37
β
Beta against DOW=0.90
σ
Overall volatility
=3.28
Ir
Information ratio =0.09

Emkay Global Return Volatility

Emkay Global Financial Services Limited accepts 3.2785% volatility on return distribution over the 30 days horizon. DOW inherits 1.2393% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Emkay Global Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Emkay Global Investment Opportunity

Emkay Global Financial Services Limited has a volatility of 3.28 and is 2.65 times more volatile than DOW. 29% of all equities and portfolios are less risky than Emkay Global. Compared to the overall equity markets, volatility of historical daily returns of Emkay Global Financial Services Limited is lower than 29 (%) of all global equities and portfolios over the last 30 days. Use Emkay Global Financial Services Limited to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Emkay Global to be traded at 96.08 in 30 days. Emkay Global returns are very sensitive to returns on the market. As market goes up or down, Emkay Global is expected to follow.

Emkay Global correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding Emkay Global Financial Service and equity matching DJI index in the same portfolio.

Emkay Global Volatility Indicators

Emkay Global Financial Services Limited Current Risk Indicators

Additionally see Investing Opportunities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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