The company retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Independent News are completely uncorrelated. Although it is extremely important to respect Independent News Media
current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By evaluating Independent News Media technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Independent News Media
right now retains a risk of 0.0%. Please check out Independent News Coefficient Of Variation
and the relationship
between Downside Deviation
and Standard Deviation
to decide if Independent News will be following its current trending patterns.
Over the last 30 days Independent News Media plc has generated negative risk-adjusted returns adding no value to investors with long positions. In defiance of relatively invariable forward-looking signals, Independent News is not utilizing all of its potentials. The current stock price agitation, may contribute to short running losses for the management.
|Fifty Two Week Low||0.0480|
|Fifty Two Week High||0.1100|