The company owns Beta (Systematic Risk) of -0.5205 which attests that as returns on market increase, returns on owning IMCO Industries are expected to decrease at a much smaller rate. During bear market, IMCO Industries is likely to outperform the market. Even though it is essential to pay attention to IMCO Industries
existing price patterns
, it is always good to be careful when utilizing equity price patterns
. Macroaxis approach to 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
. IMCO Industries exposes twenty-one different technical indicators which can help you to evaluate its performance. IMCO Industries
has expected return of -0.1466%. Please be advised to check out IMCO Industries Ltd Mean Deviation
, Downside Deviation
, Standard Deviation
, as well as the relationship
between Semi Deviation
and Coefficient Of Variation
to decide if IMCO Industries
past performance will be repeated in the future.
Over the last 30 days IMCO Industries Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors.
|Fifty Two Week Low||850.00|
|Fifty Two Week High||1,200.00|