On a scale of 0 to 100 KAVIT INDUSTRIES holds performance score of 9. The corporation secures Beta (Market Risk) of 0.3535 which conveys that as returns on market increase, KAVIT INDUSTRIES returns are expected to increase less than the market. However during bear market, the loss on holding KAVIT INDUSTRIES will be expected to be smaller as well. Although it is vital to follow to KAVIT INDUSTRIES price patterns
, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns
. The approach into estimating 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 inspecting KAVIT INDUSTRIES technical indicators
you can now evaluate if the expected return of 0.3603% will be sustainable into the future. Please exercises KAVIT INDUSTRIES LIMITED Jensen Alpha
and Downside Variance
to make a quick decision on weather KAVIT INDUSTRIES current price movements will revert.
Compared to the overall equity markets, risk-adjusted returns on investments in KAVIT INDUSTRIES LIMITED are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days. Allthough quite weak forward indicators, KAVIT INDUSTRIES disclosed solid returns over the last few months and may actually be approaching a breakup point.
|Fifty Two Week Low||21.95|
|Fifty Two Week High||47.70|