KIRAN SYNTEX (India) Risk Analysis And Volatility Evaluation

KIRANSY-B -- India Stock  

INR 3.50  0.00  0.00%

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 0.383 and Mean Deviation of 0.6237 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
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 Trend
Check current 30 days KIRAN SYNTEX correlation with market (DOW)
β = 0.1431

KIRAN SYNTEX Central Daily Price Deviation

KIRAN SYNTEX LTD Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

KIRAN SYNTEX Projected Return Density Against Market

Assuming 30 trading days horizon, KIRAN SYNTEX has beta of 0.1431 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, KIRAN SYNTEX LTD has an alpha of 0.3568 implying that it can potentially generate 0.3568% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.36
β
Beta against DOW=0.14
σ
Overall volatility
=0.00
Ir
Information ratio =0.40

KIRAN SYNTEX Return Volatility

KIRAN SYNTEX LTD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3037% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

KIRAN SYNTEX Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

KIRAN SYNTEX Investment Opportunity

DOW has a standard deviation of returns of 1.3 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 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

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding KIRAN SYNTEX LTD and equity matching DJI index in the same portfolio.

KIRAN SYNTEX Volatility Indicators

KIRAN SYNTEX LTD Current Risk Indicators

Please see also Stocks Correlation. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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