Emkay Global (India) Risk Analysis And Volatility Evaluation

EMKAY -- India Stock  

INR 124.80  6.70  5.10%

Macroaxis considers Emkay Global not too volatile given 1 month investment horizon. Emkay Global Financial secures Sharpe Ratio (or Efficiency) of 0.0378 which denotes Emkay Global Financial had 0.0378% of return per unit of risk over the last 1 month. Our philosophy towards 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 Emkay Global Financial Services Limited which you can use to evaluate future volatility of the firm. Please utilize Emkay Global Financial Coefficient Of Variation of 27858.94, Mean Deviation of 4.05 and Downside Deviation of 5.94 to check if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Emkay Global Market Sensitivity

One Month Beta |Analyze Emkay Global Financial Demand Trend
Check current 30 days Emkay Global correlation with market (DOW)
β = -0.9796
Emkay Global llmost one BetaEmkay Global Financial Beta Legend

Emkay Global Financial Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Emkay Global Financial Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Emkay Global Projected Return Density Against Market

Assuming 30 trading days horizon, Emkay Global Financial Services Limited has beta of -0.9796 suggesting Moreover, Emkay Global Financial Services Limited has an alpha of 0.1076 implying that it can potentially generate 0.1076% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Emkay Global is 2647.68. The daily returns are destributed with a variance of 65.21 and standard deviation of 8.08. The mean deviation of Emkay Global Financial Services Limited is currently at 4.44. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.11
β
Beta against DOW=0.98
σ
Overall volatility
=8.08
Ir
Information ratio =0.01

Emkay Global Return Volatility

Emkay Global Financial Services Limited accepts 8.0751% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Emkay Global Volatility Factors

30 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Totally opposite to market

Investment Outlook

Emkay Global Investment Opportunity

Emkay Global Financial Services Limited has a volatility of 8.08 and is 20.72 times more volatile than DOW. 73% 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 higher than 73 (%) 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 very speculative upward sentiment.. Check odds of Emkay Global to be traded at 118.56 in 30 days.

Emkay Global correlation with market

Good 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Search macroaxis.com