HOUSING Volatility

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HDFC -- India Stock  

INR 1,571  30.85  2.00%

Macroaxis considers HOUSING DEVELOPMENT to be very steady. HOUSING DEVELOPMENT holds Efficiency (Sharpe) Ratio of -0.0825, which attests that the entity had -0.0825% of return per unit of volatility over the last 3 months. Macroaxis approach towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. HOUSING DEVELOPMENT exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out HOUSING DEVELOPMENT Risk Adjusted Performance of (0.44) and Market Risk Adjusted Performance of 22.41 to validate the risk estimate we provide.

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HOUSING DEVELOPMENT Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of HOUSING daily returns, and it is calculated using variance and standard deviation. We also use HOUSING's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of HOUSING DEVELOPMENT volatility.

90 Days Market Risk

Very steady

Chance of Distress

Below Average

90 Days Economic Sensitivity

Moves indifferently to market moves

HOUSING DEVELOPMENT Market Sensitivity

As returns on market increase, returns on owning HOUSING DEVELOPMENT are expected to decrease at a much smaller rate. During bear market, HOUSING DEVELOPMENT is likely to outperform the market.
3 Months Beta |Analyze HOUSING DEVELOPMENT Demand Trend
Check current 30 days HOUSING DEVELOPMENT correlation with market (DOW)
β = -0.0255

HOUSING DEVELOPMENT Central Daily Price Deviation

HOUSING DEVELOPMENT Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of HOUSING DEVELOPMENT high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only HOUSING DEVELOPMENT closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

HOUSING DEVELOPMENT Projected Return Density Against Market

Assuming 30 trading days horizon, HOUSING DEVELOPMENT FINANCE has beta of -0.0255 . This indicates as returns on benchmark increase, returns on holding HOUSING DEVELOPMENT are expected to decrease at a much smaller rate. During bear market, however, HOUSING DEVELOPMENT FINANCE 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. HOUSING DEVELOPMENT is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of HOUSING DEVELOPMENT is -1211.45. The daily returns are destributed with a variance of 37.2 and standard deviation of 6.1. The mean deviation of HOUSING DEVELOPMENT FINANCE is currently at 4.41. For similar time horizon, the selected benchmark (DOW) has volatility of 4.11
α
Alpha over DOW
=-0.57
β
Beta against DOW=-0.03
σ
Overall volatility
=6.10
Ir
Information ratio =-0.12

HOUSING DEVELOPMENT Return Volatility

the corporation accepts 6.099% volatility on return distribution over the 30 days horizon. the entity inherits 4.0562% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About HOUSING DEVELOPMENT Volatility

Volatility is a rate at which the price of HOUSING DEVELOPMENT or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of HOUSING DEVELOPMENT may increase or decrease. In other words, similar to HOUSING's beta indicator, it measures the risk of HOUSING DEVELOPMENT and helps estimate the fluctuations that may happen in a short period of time. So if prices of HOUSING DEVELOPMENT fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

HOUSING DEVELOPMENT Investment Opportunity

HOUSING DEVELOPMENT FINANCE has a volatility of 6.1 and is 1.5 times more volatile than DOW. 53  of all equities and portfolios are less risky than HOUSING DEVELOPMENT. Compared to the overall equity markets, volatility of historical daily returns of HOUSING DEVELOPMENT FINANCE is higher than 53 () of all global equities and portfolios over the last 30 days. Use HOUSING DEVELOPMENT FINANCE to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of HOUSING DEVELOPMENT to be traded at 1885.5 in 30 days. . As returns on market increase, returns on owning HOUSING DEVELOPMENT are expected to decrease at a much smaller rate. During bear market, HOUSING DEVELOPMENT is likely to outperform the market.

HOUSING DEVELOPMENT correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding HOUSING DEVELOPMENT FINANCE CO and equity matching DJI index in the same portfolio.

HOUSING DEVELOPMENT Current Risk Indicators

HOUSING DEVELOPMENT Suggested Diversification Pairs

Please check Risk vs Return Analysis. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
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