Macroaxis considers MAGADH SUGAR to be unknown risk. MAGADH SUGAR ENE has Sharpe Ratio of -0.5 which conveys that the company had -0.5% of return per unit of risk over the last 2 months. Macroaxis approach towards estimating risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. MAGADH SUGAR exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify MAGADH SUGAR ENE Mean Deviation of 8.36 to check out risk estimate we provide.
|Horizon||30 Days Login to change|
MAGADH SUGAR Market Sensitivity
|As returns on market increase, returns on owning MAGADH SUGAR are expected to decrease at a much smaller rate. During bear market, MAGADH SUGAR is likely to outperform the market. 2 Months Beta |Analyze MAGADH SUGAR ENE Demand TrendCheck current 30 days MAGADH SUGAR correlation with market (DOW)|
β = -0.2455
MAGADH SUGAR Central Daily Price Deviation
MAGADH SUGAR ENE Technical Analysis
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MAGADH SUGAR Projected Return Density Against MarketAssuming 30 trading days horizon, MAGADH SUGAR ENE has beta of -0.2455 indicating as returns on benchmark increase, returns on holding MAGADH SUGAR are expected to decrease at a much smaller rate. During bear market, however, MAGADH SUGAR ENE is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. MAGADH SUGAR ENE is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of MAGADH SUGAR is -200.0. The daily returns are destributed with a variance of 0.1 and standard deviation of 0.31. The mean deviation of MAGADH SUGAR ENE is currently at 0.23. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
|Alpha over DOW||=||0.16|
|Beta against DOW||=||0.25|
MAGADH SUGAR Return Volatilitythe firm accepts 0.3115% volatility on return distribution over the 30 days horizon. the entity inherits 1.8776% risk (volatility on return distribution) over the 30 days horizon.
Price Ceiling Movement
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DOW has a standard deviation of returns of 1.88 and is 6.06 times more volatile than MAGADH SUGAR ENE. 2% of all equities and portfolios are less risky than MAGADH SUGAR. Compared to the overall equity markets, volatility of historical daily returns of MAGADH SUGAR ENE is lower than 2 (%) of all global equities and portfolios over the last 30 days. Use MAGADH SUGAR ENE to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of MAGADH SUGAR to be traded at 96.53 in 30 days. . As returns on market increase, returns on owning MAGADH SUGAR are expected to decrease at a much smaller rate. During bear market, MAGADH SUGAR is likely to outperform the market.
MAGADH SUGAR correlation with market
Please see also Stocks Correlation. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.