MAGADH SUGAR (India) Risk Analysis And Volatility Evaluation

MAGADSUGAR -- India Stock  

INR 108.25  0.05  0.0462%

MAGADH SUGAR is unknown risk given 1 month investment horizon. MAGADH SUGAR ENE has Sharpe Ratio of 0.5774 which conveys that MAGADH SUGAR ENE had 0.5774% of return per unit of risk over the last 1 month. Our approach towards estimating volatility of a stock is to use MAGADH SUGAR ENE market data together with company specific technical indicators. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 3.4864% are justified by taking the suggested risk. Use MAGADH SUGAR ENE Semi Deviation of 8.72, Downside Deviation of 9.61 and Mean Deviation of 10.47 to evaluate company specific risk that cannot be diversified away.
Horizon     30 Days    Login   to change

MAGADH SUGAR Market Sensitivity

As returns on market increase, returns on owning MAGADH SUGAR are expected to decrease by larger amounts. On the other hand, during market turmoil, MAGADH SUGAR is expected to significantly outperform it.
One Month Beta |Analyze MAGADH SUGAR ENE Demand Trend
Check current 30 days MAGADH SUGAR correlation with market (DOW)
β = -1.3942

MAGADH SUGAR Central Daily Price Deviation

MAGADH SUGAR ENE Technical Analysis

Transformation
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MAGADH SUGAR Projected Return Density Against Market

Assuming 30 trading days horizon, MAGADH SUGAR ENE has beta of -1.3942 indicating as returns on its benchmark rise, returns on holding MAGADH SUGAR ENE are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, MAGADH SUGAR is expected to outperform its benchmark. In addition to that, MAGADH SUGAR ENE has an alpha of 1.7725 implying that it can potentially generate 1.7725% 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 MAGADH SUGAR is 173.21. The daily returns are destributed with a variance of 36.46 and standard deviation of 6.04. The mean deviation of MAGADH SUGAR ENE is currently at 4.65. For similar time horizon, the selected benchmark (DOW) has volatility of 1.24
α
Alpha over DOW
=1.77
β
Beta against DOW=1.39
σ
Overall volatility
=6.04
Ir
Information ratio =0.10

MAGADH SUGAR Return Volatility

MAGADH SUGAR ENE accepts 6.0386% volatility on return distribution over the 30 days horizon. DOW inherits 1.3198% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

MAGADH SUGAR Investment Opportunity

MAGADH SUGAR ENE has a volatility of 6.04 and is 4.58 times more volatile than DOW. 54% 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 higher than 54 (%) of all global equities and portfolios over the last 30 days. Use MAGADH SUGAR ENE to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of MAGADH SUGAR to be traded at 113.66 in 30 days. As returns on market increase, returns on owning MAGADH SUGAR are expected to decrease by larger amounts. On the other hand, during market turmoil, MAGADH SUGAR is expected to significantly outperform it.

MAGADH SUGAR correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding MAGADH SUGAR ENE and equity matching DJI index in the same portfolio.

MAGADH SUGAR Volatility Indicators

MAGADH SUGAR ENE Current Risk Indicators

Please see also Stocks Correlation. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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