|KOKUYOCMLN -- India Stock|| |
INR 96.00 3.05 3.08%
The company secures Beta (Market Risk) of -0.0816 which conveys that as returns on market increase, returns on owning Kokuyo Camlin are expected to decrease at a much smaller rate. During bear market, Kokuyo Camlin is likely to outperform the market. Even though it is essential to pay attention to Kokuyo Camlin Limited price patterns
, it is always good to be careful when utilizing equity historical price patterns
. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Kokuyo Camlin exposes twenty-one different technical indicators which can help you to evaluate its performance. Kokuyo Camlin Limited
has expected return of -0.602%. Please be advised to verify Kokuyo Camlin Limited Coefficient Of Variation
, Maximum Drawdown
as well as the relationship
between Maximum Drawdown and Skewness
to decide if Kokuyo Camlin Limited
past performance will be repeated at some point in the near future.
Kokuyo Camlin Limited Relative Risk vs. Return Landscape
If you would invest 11,215
in Kokuyo Camlin Limited on January 17, 2019
and sell it today you would lose (1,615)
from holding Kokuyo Camlin Limited or give up 14.4%
of portfolio value over 30
days. Kokuyo Camlin Limited is generating negative expected returns and assumes 1.9146% volatility on return distribution over the 30 days horizon. Simply put, 17% of equities are less volatile than Kokuyo Camlin and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Kokuyo Camlin is expected to under-perform the market. In addition to that, the company is 1.01 times more volatile than its market benchmark. It trades about -0.31 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.13 per unit of volatility.
Kokuyo Camlin Market Risk Analysis
Sharpe Ratio = -0.3144
Kokuyo Camlin Relative Performance Indicators
Estimated Market Risk
| || |
| || |
| || |
Based on monthly moving average Kokuyo Camlin 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 Kokuyo Camlin
by adding it to a well-diversified
Over the last 30 days Kokuyo Camlin Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
|Fifty Two Week Low||88.00|
|Fifty Two Week High||154.20|
Please see also Stocks Correlation
. Please also try Instant Ratings
module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.