The corporation secures Beta (Market Risk) of 2.7401 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, MAGADH SUGAR will likely underperform. Although it is extremely important to respect MAGADH SUGAR ENE price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The approach towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By examining MAGADH SUGAR ENE technical indicators
you can right now evaluate if the expected return of 0.0% will be sustainable into the future. MAGADH SUGAR ENE
at this time secures a risk of 0.0%. Please verify MAGADH SUGAR ENE Coefficient Of Variation
, Jensen Alpha
, Potential Upside
, as well as the relationship
and Maximum Drawdown
to decide if MAGADH SUGAR ENE will be following its current price movements.
Over the last 30 days MAGADH SUGAR ENE has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively unchanging essential indicators, MAGADH SUGAR is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-term losses for the leadership.
|Fifty Two Week Low||86.30|
|Fifty Two Week High||90.25|