Macroaxis considers Inter Industries unknown risk given 2 months investment horizon. Inter Industries holds Efficiency (Sharpe) Ratio of 0.404 which attests that the entity had 0.404% of return per unit of risk over the last 2 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By evaluating Inter Industries technical indicators you can presently evaluate if the expected return of 0.9983% is justified by implied risk. Please utilize Inter Industries Risk Adjusted Performance of 0.1409, Market Risk Adjusted Performance of
(2.58) and Downside Deviation of 1.98 to validate if our risk estimates are consistent with your expectations.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
Inter Industries Market Sensitivity
|As returns on market increase, returns on owning Inter Industries are expected to decrease at a much smaller rate. During bear market, Inter Industries is likely to outperform the market. 2 Months Beta |Analyze Inter Industries Demand TrendCheck current 30 days Inter Industries correlation with market (DOW)|
β = -0.1865
Inter Industries Central Daily Price Deviation
Inter Industries Technical Analysis
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Inter Industries Projected Return Density Against MarketAssuming 30 trading days horizon, Inter Industries Ltd has beta of -0.1865 . This indicates as returns on benchmark increase, returns on holding Inter Industries are expected to decrease at a much smaller rate. During bear market, however, Inter Industries Ltd is likely to outperform the market. Moreover, The company has an alpha of 0.5046 implying that it can potentially generate 0.5046% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Inter Industries is 247.55. The daily returns are destributed with a variance of 6.11 and standard deviation of 2.47. The mean deviation of Inter Industries Ltd is currently at 1.73. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
|Alpha over DOW||=||0.50|
|Beta against DOW||=||0.19|
Inter Industries Return Volatilitythe company accepts 2.4713% volatility on return distribution over the 30 days horizon. the entity inherits 0.5731% risk (volatility on return distribution) over the 30 days horizon.
Inter Industries Investment Opportunity
Inter Industries Ltd has a volatility of 2.47 and is 4.33 times more volatile than DOW. 22% of all equities and portfolios are less risky than Inter Industries. Compared to the overall equity markets, volatility of historical daily returns of Inter Industries Ltd is lower than 22 (%) of all global equities and portfolios over the last 30 days. Use Inter Industries Ltd to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Inter Industries to be traded at S699.6 in 30 days. . As returns on market increase, returns on owning Inter Industries are expected to decrease at a much smaller rate. During bear market, Inter Industries is likely to outperform the market.
Inter Industries correlation with market
Inter Industries Current Risk Indicators
|Risk Adjusted Performance||0.1409|
|Market Risk Adjusted Performance||(2.58)|
|Coefficient Of Variation||477.94|
Inter Industries Suggested Diversification Pairs