The company retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Hiran Orgochem are completely uncorrelated. Although it is extremely important to respect Hiran Orgochem current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 Hiran Orgochem technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Hiran Orgochem right now retains a risk of 0.0%. Please check out Hiran Orgochem Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Hiran Orgochem will be following its current trending patterns.
Over the last 30 days Hiran Orgochem Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Hiran Orgochem is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short term losses for the investors.
|Horizon||30 Days Login to change|
Hiran Orgochem Relative Risk vs. Return LandscapeIf you would invest (100.00) in Hiran Orgochem Ltd on May 17, 2019 and sell it today you would earn a total of 100.00 from holding Hiran Orgochem Ltd or generate -100.0% return on investment over 30 days. Hiran Orgochem Ltd 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 Hiran Orgochem and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Hiran Orgochem Market Risk Analysis
Sharpe Ratio = 0.0