Hind Rectifiers (India) Performance

HIRECT -- India Stock  

INR 121.60  6.25  4.89%

Macroaxis gives Hind Rectifiers performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 1.982 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Hind Rectifiers will likely underperform.. Even though it is essential to pay attention to Hind Rectifiers Limited 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 Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Hind Rectifiers Limited has expected return of -0.4696%. Please be advised to check out Hind Rectifiers Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if Hind Rectifiers Limited past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Hind Rectifiers Limited Relative Risk vs. Return Landscape

If you would invest  13,245  in Hind Rectifiers Limited on August 23, 2018 and sell it today you would lose (1,085)  from holding Hind Rectifiers Limited or give up 8.19% of portfolio value over 30 days. Hind Rectifiers Limited is generating negative expected returns and assumes 2.5996% volatility on return distribution over the 30 days horizon. Simply put, 23% of equities are less volatile than Hind Rectifiers Limited and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Hind Rectifiers Limited is expected to under-perform the market. In addition to that, the company is 5.85 times more volatile than its market benchmark. It trades about -0.18 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.43 per unit of volatility.

Hind Rectifiers Market Risk Analysis

Sharpe Ratio = -0.1806
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Hind Rectifiers Relative Performance Indicators

Estimated Market Risk
 2.6
  actual daily
 
 77 %
of total potential
  
Expected Return
 -0.47
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.18
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Hind Rectifiers is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hind Rectifiers by adding it to a well-diversified portfolio.

Hind Rectifiers Performance Rating

Hind Rectifiers Limited Risk Adjusted Performance Analysis

0 

Risk-Adjusted Performance

Over the last 30 days Hind Rectifiers Limited has generated negative risk-adjusted returns adding no value to investors with long positions.

Hind Rectifiers Alerts

Equity Alerts and Improvement Suggestions

Hind Rectifiers generates negative expected return over the last 30 days
Hind Rectifiers has accumulated 481.32 Million in debt which can lead to volatile earnings
Please also check Risk vs Return Analysis. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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