Energy Development (India) Risk Analysis And Volatility Evaluation

ENERGYDEV -- India Stock  

INR 11.35  1.35  10.63%

Macroaxis considers Energy Development to be relatively volatile. Energy Development secures Sharpe Ratio (or Efficiency) of -0.4028 which denotes Energy Development had -0.4028% 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. Energy Development Company Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Energy Development Coefficient Of Variation of 260.44 and Mean Deviation of 1.99 to check risk estimate we provide.
Horizon     30 Days    Login   to change

Energy Development Market Sensitivity

As returns on market increase, returns on owning Energy Development are expected to decrease by larger amounts. On the other hand, during market turmoil, Energy Development is expected to significantly outperform it.
One Month Beta |Analyze Energy Development Demand Trend
Check current 30 days Energy Development correlation with market (DOW)
β = -3.6971
Energy Development Large Negative BetaEnergy Development Beta Legend

Energy Development Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Energy Development 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.

Energy Development Projected Return Density Against Market

Assuming 30 trading days horizon, Energy Development Company Limited has beta of -3.6971 suggesting as returns on its benchmark rise, returns on holding Energy Development Company Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Energy Development is expected to outperform its benchmark. Additionally, Energy Development Company 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 Energy Development is -248.25. The daily returns are destributed with a variance of 8.77 and standard deviation of 2.96. The mean deviation of Energy Development Company Limited is currently at 1.82. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.55
β
Beta against DOW=3.7
σ
Overall volatility
=2.96
Ir
Information ratio =0.44

Energy Development Return Volatility

Energy Development Company Limited accepts 2.9617% volatility on return distribution over the 30 days horizon. DOW inherits 0.4208% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Energy Development Volatility Factors

30 Days Market Risk

Relatively volatile

Chance of Distress in 24 months

About average

30 Days Economic Sensitivity

Completely opposite to market

Investment Outlook

Energy Development Investment Opportunity

Energy Development Company Limited has a volatility of 2.96 and is 7.05 times more volatile than DOW. 26% of all equities and portfolios are less risky than Energy Development. Compared to the overall equity markets, volatility of historical daily returns of Energy Development Company Limited is lower than 26 (%) of all global equities and portfolios over the last 30 days. Use Energy Development Company Limited to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of Energy Development to be traded at 10.78 in 30 days. As returns on market increase, returns on owning Energy Development are expected to decrease by larger amounts. On the other hand, during market turmoil, Energy Development is expected to significantly outperform it.

Energy Development correlation with market

Excellent diversification
Overlapping area represents the amount of risk that can be diversified away by holding Energy Development Company Lim and equity matching DJI index in the same portfolio.

Energy Development Volatility Indicators

Energy Development Company Limited Current Risk Indicators

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