Our approach towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for KIRAN SYNTEX which you can use to evaluate future volatility of the firm. Please verify KIRAN SYNTEX LTD Risk Adjusted Performance of 0.1818 and Mean Deviation of 0.6237 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
KIRAN SYNTEX Market Sensitivity
|As returns on market increase, KIRAN SYNTEX returns are expected to increase less than the market. However during bear market, the loss on holding KIRAN SYNTEX will be expected to be smaller as well. 2 Months Beta |Analyze KIRAN SYNTEX LTD Demand TrendCheck current 30 days KIRAN SYNTEX correlation with market (DOW)|
β = 0.8058
KIRAN SYNTEX Central Daily Price Deviation
KIRAN SYNTEX LTD Technical Analysis
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KIRAN SYNTEX Projected Return Density Against MarketAssuming 30 trading days horizon, KIRAN SYNTEX has beta of 0.8058 indicating as returns on market go up, KIRAN SYNTEX average returns are expected to increase less than the benchmark. However during bear market, the loss on holding KIRAN SYNTEX LTD will be expected to be much smaller as well. Moreover, The company has an alpha of 0.2292 implying that it can potentially generate 0.2292% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of KIRAN SYNTEX is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of KIRAN SYNTEX LTD is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
|Alpha over DOW||=||0.23|
|Beta against DOW||=||0.81|
KIRAN SYNTEX Return Volatilitythe company accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5774% risk (volatility on return distribution) over the 30 days horizon.
KIRAN SYNTEX Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 9.223372036854776E16 times more volatile than KIRAN SYNTEX LTD. 0% of all equities and portfolios are less risky than KIRAN SYNTEX. Compared to the overall equity markets, volatility of historical daily returns of KIRAN SYNTEX LTD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use KIRAN SYNTEX LTD to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of KIRAN SYNTEX to be traded at 3.47 in 30 days. . As returns on market increase, KIRAN SYNTEX returns are expected to increase less than the market. However during bear market, the loss on holding KIRAN SYNTEX will be expected to be smaller as well.
KIRAN SYNTEX correlation with market
KIRAN SYNTEX Current Risk Indicators
|Risk Adjusted Performance||0.1818|
|Market Risk Adjusted Performance||0.4233|
|Coefficient Of Variation||359.64|
KIRAN SYNTEX Suggested Diversification Pairs