KAVIT INDUSTRIES (India) Performance

KAVITIND -- India Stock  

INR 47.65  1.35  2.76%

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.

Risk-Adjusted Performance

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 Low21.95
Fifty Two Week High47.70
Horizon     30 Days    Login   to change

KAVIT INDUSTRIES Relative Risk vs. Return Landscape

If you would invest  4,390  in KAVIT INDUSTRIES LIMITED on May 21, 2019 and sell it today you would earn a total of  375.00  from holding KAVIT INDUSTRIES LIMITED or generate 8.54% return on investment over 30 days. KAVIT INDUSTRIES LIMITED is generating 0.3603% of daily returns and assumes 2.6038% volatility on return distribution over the 30 days horizon. Simply put, 23% of equities are less volatile than KAVIT INDUSTRIES and 94% 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 is expected to generate 3.24 times more return on investment than the market. However, the company is 3.24 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

KAVIT INDUSTRIES Market Risk Analysis

Sharpe Ratio = 0.1384
Good Returns
Average Returns
Small ReturnsKAVITIND
Negative Returns

KAVIT INDUSTRIES Relative Performance Indicators

Estimated Market Risk
  actual daily
 23 %
of total potential
Expected Return
  actual daily
 6 %
of total potential
Risk-Adjusted Return
  actual daily
 9 %
of total potential
Based on monthly moving average KAVIT INDUSTRIES is performing at about 9% 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.


Equity Alerts and Improvement Suggestions

KAVIT INDUSTRIES is not yet fully synchronised with the market data
N/A has accumulated about 9.2M in cash with (128.6M) 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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