MAGADH SUGAR ENE has a volatility of 1.67 and is 3.71 times more volatile than DOW. 15%
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 15 (%)
of all global equities and portfolios over the last 30 days. Use MAGADH SUGAR ENE to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of MAGADH SUGAR to be traded at 138.7 in 30 days
. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, MAGADH SUGAR will likely underperform.
MAGADH SUGAR correlation with market
Very weak 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.