Macroaxis considers KIRAN VYAPAR unknown risk given 2 months investment horizon. KIRAN VYAPAR LTD has Sharpe Ratio of 0.2011 which conveys that the firm had 0.2011% of return per unit of volatility over the last 2 months. 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. By inspecting KIRAN VYAPAR LTD technical indicators you can now evaluate if the expected return of 0.5924% is justified by implied risk. Please exercise KIRAN VYAPAR LTD Mean Deviation of 1.34 and Risk Adjusted Performance of 0.0831 to check out if our risk estimates are consistent with your expectations.
|Horizon||30 Days Login to change|
KIRAN VYAPAR Market Sensitivity
|As returns on market increase, KIRAN VYAPAR returns are expected to increase less than the market. However during bear market, the loss on holding KIRAN VYAPAR will be expected to be smaller as well. 2 Months Beta |Analyze KIRAN VYAPAR LTD Demand TrendCheck current 30 days KIRAN VYAPAR correlation with market (DOW)|
β = 0.154
KIRAN VYAPAR Central Daily Price Deviation
KIRAN VYAPAR LTD Technical Analysis
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KIRAN VYAPAR Projected Return Density Against MarketAssuming 30 trading days horizon, KIRAN VYAPAR has beta of 0.154 indicating as returns on market go up, KIRAN VYAPAR average returns are expected to increase less than the benchmark. However during bear market, the loss on holding KIRAN VYAPAR LTD will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0756 implying that it can potentially generate 0.0756% 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 VYAPAR is 497.27. The daily returns are destributed with a variance of 8.68 and standard deviation of 2.95. The mean deviation of KIRAN VYAPAR LTD is currently at 2.01. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.15|
KIRAN VYAPAR Return Volatilitythe company accepts 2.9457% volatility on return distribution over the 30 days horizon. the entity inherits 1.8964% risk (volatility on return distribution) over the 30 days horizon.
KIRAN VYAPAR LTD has a volatility of 2.95 and is 1.55 times more volatile than DOW. 26% of all equities and portfolios are less risky than KIRAN VYAPAR. Compared to the overall equity markets, volatility of historical daily returns of KIRAN VYAPAR LTD is lower than 26 (%) of all global equities and portfolios over the last 30 days. Use KIRAN VYAPAR LTD to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of KIRAN VYAPAR to be traded at 156.25 in 30 days. . As returns on market increase, KIRAN VYAPAR returns are expected to increase less than the market. However during bear market, the loss on holding KIRAN VYAPAR will be expected to be smaller as well.
KIRAN VYAPAR correlation with market