ESSAR Stock Performance

The firm shows Beta (market volatility) of 0.0, which denotes to the fact that the returns on MARKET and ESSAR SHIPPING are completely uncorrelated. Although it is extremely important to respect ESSAR SHIPPING POR historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating ESSAR SHIPPING POR technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future. ESSAR SHIPPING POR currently shows a risk of 0.0%. Please confirm ESSAR SHIPPING POR Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if ESSAR SHIPPING POR will be following its price patterns.

Risk-Adjusted Performance

Over the last 30 days ESSAR SHIPPING POR has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, ESSAR SHIPPING is not utilizing all of its potentials. The prevalent stock price disturbance, may contribute to mid-run losses for the stockholder.

ESSAR SHIPPING POR Relative Risk vs. Return Landscape

If you would invest (100.00)  in ESSAR SHIPPING POR on January 26, 2020 and sell it today you would earn a total of  100.00  from holding ESSAR SHIPPING POR or generate -100.0% return on investment over 30 days. ESSAR SHIPPING POR is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than ESSAR SHIPPING and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
  Risk (%) 

ESSAR SHIPPING Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
Average Returns
Small Returns
Based on monthly moving average ESSAR SHIPPING is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ESSAR SHIPPING by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

ESSAR SHIPPING POR is not yet fully synchronised with the market data
ESSAR SHIPPING POR has some characteristics of a very speculative penny stock
ESSAR SHIPPING POR has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 17.01 B. Net Loss for the year was (4.61 B) with profit before overhead, payroll, taxes, and interest of 3.54 B.
Check out Investing Opportunities. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Company logos by clearbit