| KENGI -- India Stock | | null 8.48 0.00 0.00% |
The company secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and KENGOLD LTD are completely uncorrelated. Although it is extremely important to respect
KENGOLD LTD price patterns, it is better to be realistic regarding the information on equity historical
price patterns. The way of 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 evaluating
KENGOLD LTD technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future.
KENGOLD LTD now secures a risk of 0.0%. Please verify KENGOLD LTD
Treynor Ratio as well as the
relationship between
Downside Variance and
Kurtosis to decide if KENGOLD LTD will be following its current price movements.
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Horizon
|
30 Days
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KENGOLD LTD Relative Risk vs. Return Landscape
If you would invest
848.00 in KENGOLD LTD on
January 19, 2019 and sell it today you would
earn a total of 0.00 from holding KENGOLD LTD or generate
0.0% return on investment over
30 days. KENGOLD LTD is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than KENGOLD LTD and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%) |
KENGOLD LTD Market Risk Analysis
Sharpe Ratio = 0.0
| BestPortfolio | BestEquity | | | |
| Good Returns | | | | |
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| Small Returns | | | | |
| Cash | SmallRisk | AverageRisk | HighRisk | HugeRisk |
| KENGI | | | | |
Based on monthly moving average KENGOLD LTD 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
KENGOLD LTD by adding it to a
well-diversified portfolio.
Risk-Adjusted Performance
Over the last 30 days KENGOLD LTD has generated negative risk-adjusted returns adding no value to investors with long positions.
| KENGOLD LTD is not yet fully synchronised with the market data |