KAVIT INDUSTRIES (India) Performance

KAVITIND -- India Stock  

INR 31.00  2.85  10.12%

Macroaxis gives KAVIT INDUSTRIES performance score of 0 on a scale of 0 to 100. The corporation secures Beta (Market Risk) of -1.363 which conveys that as returns on market increase, returns on owning KAVIT INDUSTRIES are expected to decrease by larger amounts. On the other hand, during market turmoil, KAVIT INDUSTRIES is expected to significantly outperform it.. Even though it is essential to pay attention to KAVIT INDUSTRIES LIMITED price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis approach into estimating 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. KAVIT INDUSTRIES exposes twenty-one different technical indicators which can help you to evaluate its performance. KAVIT INDUSTRIES LIMITED has expected return of -0.6512%. Please be advised to verify KAVIT INDUSTRIES LIMITED Jensen Alpha and Downside Variance to decide if KAVIT INDUSTRIES LIMITED past performance will be repeated at future time.
Horizon     30 Days    Login   to change

KAVIT INDUSTRIES LIMITED Relative Risk vs. Return Landscape

If you would invest  3,590  in KAVIT INDUSTRIES LIMITED on August 24, 2018 and sell it today you would lose (490.00)  from holding KAVIT INDUSTRIES LIMITED or give up 13.65% of portfolio value over 30 days. KAVIT INDUSTRIES LIMITED is generating negative expected returns and assumes 4.841% volatility on return distribution over the 30 days horizon. Simply put, 44% of equities are less volatile than KAVIT INDUSTRIES 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, KAVIT INDUSTRIES LIMITED is expected to under-perform the market. In addition to that, the company is 10.79 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.39 per unit of volatility.

KAVIT INDUSTRIES Market Risk Analysis

Sharpe Ratio = -0.1345
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KAVIT INDUSTRIES Relative Performance Indicators

Estimated Market Risk
  actual daily
 56 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average KAVIT INDUSTRIES 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 KAVIT INDUSTRIES by adding it to a well-diversified portfolio.

KAVIT INDUSTRIES Performance Rating

KAVIT INDUSTRIES LIMITED Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days KAVIT INDUSTRIES LIMITED has generated negative risk-adjusted returns adding no value to investors with long positions.


Equity Alerts and Improvement Suggestions

KAVIT INDUSTRIES generates negative expected return over the last 30 days
KAVIT INDUSTRIES has high historical volatility and very poor performance
KAVIT INDUSTRIES has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 1.78 B. Net Loss for the year was (30.1 M) with profit before overhead, payroll, taxes, and interest of 25.04 M.
N/A has accumulated about 9.2 M in cash with (31.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Please see also Stocks Correlation. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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