IDFC Volatility

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IDFC -- India Stock  

INR 14.25  0.65  4.78%

Macroaxis considers IDFC to be slightly risky. IDFC LIMITED holds Efficiency (Sharpe) Ratio of -0.224, which attests that the entity had -0.224% of return per unit of return volatility over the last 3 months. Macroaxis approach into 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. IDFC LIMITED exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out IDFC Risk Adjusted Performance of (0.95) and Market Risk Adjusted Performance of 61.23 to validate the risk estimate we provide.

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IDFC 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 IDFC daily returns, and it is calculated using variance and standard deviation. We also use IDFC's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of IDFC volatility.

90 Days Market Risk

Slightly risky

Chance of Distress

High

90 Days Economic Sensitivity

Moves indifferently to market moves

IDFC Market Sensitivity

As returns on market increase, returns on owning IDFC are expected to decrease at a much smaller rate. During bear market, IDFC is likely to outperform the market.
3 Months Beta |Analyze IDFC LIMITED Demand Trend
Check current 30 days IDFC correlation with market (DOW)
β = -0.0211

IDFC Central Daily Price Deviation

IDFC LIMITED Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of IDFC LIMITED price series. View also all equity analysis or get more info about median price price transform indicator.

IDFC Projected Return Density Against Market

Assuming 30 trading days horizon, IDFC LIMITED has beta of -0.0211 . This indicates as returns on benchmark increase, returns on holding IDFC are expected to decrease at a much smaller rate. During bear market, however, IDFC LIMITED 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. IDFC LIMITED is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of IDFC is -446.39. The daily returns are destributed with a variance of 31.79 and standard deviation of 5.64. The mean deviation of IDFC LIMITED is currently at 3.76. For similar time horizon, the selected benchmark (DOW) has volatility of 4.0
α
Alpha over DOW
=-1.29
β
Beta against DOW=-0.02
σ
Overall volatility
=5.64
Ir
Information ratio =-0.24

IDFC Return Volatility

the enterprise accepts 5.6381% volatility on return distribution over the 30 days horizon. the entity inherits 4.0065% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About IDFC Volatility

Volatility is a rate at which the price of IDFC 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 IDFC may increase or decrease. In other words, similar to IDFC's beta indicator, it measures the risk of IDFC and helps estimate the fluctuations that may happen in a short period of time. So if prices of IDFC 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.
IDFC Limited, together with its subsidiaries, operates as a non-banking financial company in India. IDFC Limited was founded in 1997 and is based in Mumbai, India. IDFC operates under Credit Services classification in India and is traded on National Stock Exchange of India. It employs 404 people.

IDFC Investment Opportunity

IDFC LIMITED has a volatility of 5.64 and is 1.41 times more volatile than DOW. 49  of all equities and portfolios are less risky than IDFC. Compared to the overall equity markets, volatility of historical daily returns of IDFC LIMITED is lower than 49 () of all global equities and portfolios over the last 30 days. Use IDFC LIMITED to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of IDFC to be traded at 17.81 in 30 days. . As returns on market increase, returns on owning IDFC are expected to decrease at a much smaller rate. During bear market, IDFC is likely to outperform the market.

IDFC correlation with market

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

IDFC Current Risk Indicators

IDFC Suggested Diversification Pairs

Please see Risk vs Return Analysis. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page