Lumax Industries (India) Performance

LUMAXIND -- India Stock  

INR 1,678  18.05  1.06%

The company secures Beta (Market Risk) of -0.0215 which conveys that as returns on market increase, returns on owning Lumax Industries are expected to decrease at a much smaller rate. During bear market, Lumax Industries is likely to outperform the market. Even though it is essential to pay attention to Lumax Industries 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. Lumax Industries exposes twenty-one different technical indicators which can help you to evaluate its performance. Lumax Industries has expected return of -0.1628%. Please be advised to verify Lumax Industries Limited Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Lumax Industries past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Lumax Industries Relative Risk vs. Return Landscape

If you would invest  172,005  in Lumax Industries Limited on January 19, 2019 and sell it today you would lose (4,160)  from holding Lumax Industries Limited or give up 2.42% of portfolio value over 30 days. Lumax Industries Limited is generating negative expected returns and assumes 1.5997% volatility on return distribution over the 30 days horizon. Simply put, 14% of equities are less volatile than Lumax Industries and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Lumax Industries is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.2 times less risky than the market. the firm trades about -0.1 of its potential returns per unit of risk. The DOW is currently generating roughly 0.19 of returns per unit of risk over similar time horizon.

Lumax Industries Market Risk Analysis

Sharpe Ratio = -0.1018
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Lumax Industries Relative Performance Indicators

Estimated Market Risk
  actual daily
 14 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Lumax Industries 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 Lumax Industries by adding it to a well-diversified portfolio.

Lumax Industries Performance Rating

Lumax Industries Limited Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days Lumax Industries Limited has generated negative risk-adjusted returns adding no value to investors with long positions.

Lumax Industries Alerts

Equity Alerts and Improvement Suggestions

Lumax Industries is not yet fully synchronised with the market data
Lumax Industries generates negative expected return over the last 30 days
The company has accumulated 1.18B in total debt with debt to equity ratio (D/E) of 31.5 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Lumax Industries has Current Ratio of 0.69 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Lumax Industries Performance Indicators

Lumax Industries Basic Price Performance Measures

Quick Ratio0.39
Fifty Two Week Low1,553.70
Target High Price2,645.00
Fifty Two Week High2,585.00
Payout Ratio28.16%
Trailing Annual Dividend Yield1.36%
Target Low Price2,382.00

Lumax Industries Dividends

Lumax Industries Dividends Analysis

Check Lumax Industries dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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Please see also Stocks Correlation. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.