The company retains Market Volatility (i.e. Beta) of -0.3544 which attests that as returns on market increase, returns on owning Hind Rectifiers are expected to decrease at a much smaller rate. During bear market, Hind Rectifiers is likely to outperform the market. Even though it is essential to pay attention to Hind Rectifiers
current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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
. Hind Rectifiers exposes twenty-one different technical indicators which can help you to evaluate its performance. Hind Rectifiers
has expected return of -0.4196%. Please be advised to check out Hind Rectifiers Maximum Drawdown
, and the relationship
between Information Ratio
and Downside Variance
to decide if Hind Rectifiers
past performance will be repeated at some point in the near future.
Over the last 30 days Hind Rectifiers Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in July 2019. The current disturbance may also be a sign of long term up-swing for the company investors.
|Fifty Two Week Low||95.90|
|Target High Price||73.00|
|Fifty Two Week High||165.00|
|Target Low Price||73.00|