Funny Software (India) Risk Analysis And Volatility

FUNNY -- India Stock  

INR 0.47  0.00  0.00%

Funny Software is unknown risk given 2 months investment horizon. Funny Software secures Sharpe Ratio (or Efficiency) of 1.7247 which denotes the organization had 1.7247% of return per unit of risk over the last 2 months. Our philosophy towards predicting volatility of a stock is to use Funny Software market data together with company specific technical indicators. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 2.7463% are justified by taking the suggested risk. Use Funny Software Mean Deviation of 2.13 and Coefficient Of Variation of (524.03) to evaluate company specific risk that cannot be diversified away.
Horizon     30 Days    Login   to change

Funny Software Market Sensitivity

As returns on market increase, returns on owning Funny Software are expected to decrease at a much smaller rate. During bear market, Funny Software is likely to outperform the market.
2 Months Beta |Analyze Funny Software Demand Trend
Check current 30 days Funny Software correlation with market (DOW)
β = -0.0364

Funny Software Central Daily Price Deviation

Funny Software Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Funny Software Projected Return Density Against Market

Assuming 30 trading days horizon, Funny Software Limited has beta of -0.0364 suggesting as returns on benchmark increase, returns on holding Funny Software are expected to decrease at a much smaller rate. During bear market, however, Funny Software Limited is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Funny Software is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Funny Software is 57.98. The daily returns are destributed with a variance of 2.54 and standard deviation of 1.59. The mean deviation of Funny Software Limited is currently at 1.07. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.52
β
Beta against DOW=0.04
σ
Overall volatility
=1.59
Ir
Information ratio =0.22

Funny Software Return Volatility

the company accepts 1.5923% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Funny Software Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Funny Software Investment Opportunity

DOW has a standard deviation of returns of 1.91 and is 1.2 times more volatile than Funny Software Limited. 14% of all equities and portfolios are less risky than Funny Software. Compared to the overall equity markets, volatility of historical daily returns of Funny Software Limited is lower than 14 (%) of all global equities and portfolios over the last 30 days. Use Funny Software Limited to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Funny Software to be traded at 0.4653 in 30 days. . As returns on market increase, returns on owning Funny Software are expected to decrease at a much smaller rate. During bear market, Funny Software is likely to outperform the market.

Funny Software correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Funny Software Limited and equity matching DJI index in the same portfolio.

Funny Software Volatility Indicators

Funny Software Limited Current Risk Indicators

Additionally see Investing Opportunities. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
Search macroaxis.com