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LINC PEN (India) Risk Analysis And Volatility

LIN
LINCPEN-EQ -- India Stock  

INR 223.00  4.55  2.00%

LINC PEN is very steady given 3 months investment horizon. LINC PEN PLASTIC has Sharpe Ratio of 0.2877 which conveys that the firm had 0.2877% of return per unit of volatility over the last 3 months. Our approach towards estimating risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.72% are justified by taking the suggested risk. Use LINC PEN PLASTIC Mean Deviation of 3.12 and Risk Adjusted Performance of 0.1453 to evaluate company specific risk that cannot be diversified away.
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LINC PEN Market Sensitivity

As returns on market increase, LINC PEN returns are expected to increase less than the market. However during bear market, the loss on holding LINC PEN will be expected to be smaller as well.
3 Months Beta |Analyze LINC PEN PLASTIC Demand Trend
Check current 30 days LINC PEN correlation with market (DOW)
β = 0.711

LINC PEN Central Daily Price Deviation

LINC PEN PLASTIC Technical Analysis

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LINC PEN Projected Return Density Against Market

Assuming 30 trading days horizon, LINC PEN has beta of 0.711 indicating as returns on market go up, LINC PEN average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LINC PEN PLASTIC will be expected to be much smaller as well. Moreover, The company has an alpha of 0.72 implying that it can potentially generate 0.72% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of LINC PEN is 347.57. The daily returns are destributed with a variance of 35.9 and standard deviation of 5.99. The mean deviation of LINC PEN PLASTIC is currently at 3.87. For similar time horizon, the selected benchmark (DOW) has volatility of 0.78
α
Alpha over DOW
=0.72
β
Beta against DOW=0.71
σ
Overall volatility
=5.99
Ir
Information ratio =0.16

LINC PEN Return Volatility

the corporation accepts 5.9913% volatility on return distribution over the 30 days horizon. the entity inherits 0.8011% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

LINC PEN Investment Opportunity

LINC PEN PLASTIC has a volatility of 5.99 and is 7.49 times more volatile than DOW. 53  of all equities and portfolios are less risky than LINC PEN. Compared to the overall equity markets, volatility of historical daily returns of LINC PEN PLASTIC is higher than 53 () of all global equities and portfolios over the last 30 days. Use LINC PEN PLASTIC to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of LINC PEN to be traded at 216.31 in 30 days. . As returns on market increase, LINC PEN returns are expected to increase less than the market. However during bear market, the loss on holding LINC PEN will be expected to be smaller as well.

LINC PEN correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding LINC PEN PLASTIC and equity matching DJI index in the same portfolio.

LINC PEN Current Risk Indicators

LINC PEN Suggested Diversification Pairs

Additionally see Stocks Correlation. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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