The firm shows Beta (market volatility) of 0.4029 which denotes to the fact that as returns on market increase, Ferro Alloys returns are expected to increase less than the market. However during bear market, the loss on holding Ferro Alloys will be expected to be smaller as well. Even though it is essential to pay attention to Ferro Alloys Corp
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Ferro Alloys Corp Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Ferro Alloys Corp
has expected return of -0.9557%. Please be advised to confirm Ferro Alloys Corp Variance
, Value At Risk
as well as the relationship
between Value At Risk and Skewness
to decide if Ferro Alloys Corp
past performance will be repeated at some point in the near future.
Over the last 30 days Ferro Alloys Corp Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Stock's technical indicators remain considerably steady which may send shares a bit higher in July 2019. The new chaos may also be a sign of medium term up-swing for the business stakeholders.
|Fifty Two Week Low||2.91|
|Target High Price||7.10|
|Fifty Two Week High||7.50|
|Target Low Price||7.10|