Funny Software (India) Risk Analysis And Volatility Evaluation

FUNNY -- India Stock  

INR 0.72  0.03  4.00%

Macroaxis considers Funny Software to be exceptionally risky. Funny Software Limited secures Sharpe Ratio (or Efficiency) of -0.5793 which denotes Funny Software Limited had -0.5793% 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. Funny Software Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Funny Software Limited Coefficient Of Variation of 183.50 and Mean Deviation of 1.37 to check risk estimate we provide.
Horizon     30 Days    Login   to change

Funny Software Market Sensitivity

As returns on market increase, Funny Software returns are expected to increase less than the market. However during bear market, the loss on holding Funny Software will be expected to be smaller as well.
One Month Beta |Analyze Funny Software Limited Demand Trend
Check current 30 days Funny Software correlation with market (DOW)
β = 0.24
Funny Software Small BetaFunny Software Limited Beta Legend

Funny Software Limited Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Funny Software Limited 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.

Funny Software Projected Return Density Against Market

Assuming 30 trading days horizon, Funny Software has beta of 0.24 suggesting as returns on market go up, Funny Software average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Funny Software Limited will be expected to be much smaller as well. Additionally, Funny Software 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 Funny Software is -172.63. The daily returns are destributed with a variance of 3.21 and standard deviation of 1.79. The mean deviation of Funny Software Limited is currently at 1.45. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.98
β
Beta against DOW=0.24
σ
Overall volatility
=1.79
Ir
Information ratio =0.6

Funny Software Return Volatility

Funny Software Limited accepts 1.7929% 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

Funny Software Volatility Factors

30 Days Market Risk

Exceptionally risky

Chance of Distress in 24 months

Above average

30 Days Economic Sensitivity

Slowly supersedes market

Investment Outlook

Funny Software Investment Opportunity

Funny Software Limited has a volatility of 1.79 and is 4.59 times more volatile than DOW. 16% 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 16 (%) of all global equities and portfolios over the last 30 days. Use Funny Software Limited to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Funny Software to be traded at 0.6912 in 30 days. As returns on market increase, Funny Software returns are expected to increase less than the market. However during bear market, the loss on holding Funny Software will be expected to be smaller as well.

Funny Software correlation with market

Significant 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

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