MAGADH SUGAR (India) Risk Analysis And Volatility Evaluation

MAGADSUGAR -- India Stock  

INR 146.00  16.00  9.88%

Macroaxis considers MAGADH SUGAR to be unknown risk. 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. 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 Semi Deviation of 6.64, Downside Deviation of 7.37 and Mean Deviation of 10.02 to check out risk estimate we provide.
Horizon     30 Days    Login   to change

MAGADH SUGAR Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, MAGADH SUGAR will likely underperform.
One Month Beta |Analyze MAGADH SUGAR ENE Demand Trend
Check current 30 days MAGADH SUGAR correlation with market (DOW)
β = 22.4338
MAGADH SUGAR Large BetaMAGADH SUGAR ENE Beta Legend

MAGADH SUGAR ENE Technical Analysis

Transformation
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MAGADH SUGAR Projected Return Density Against Market

Assuming 30 trading days horizon, the stock has beta coefficient of 22.4338 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, MAGADH SUGAR will likely underperform. Additionally, MAGADH SUGAR ENE has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 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 2.79 and standard deviation of 1.67. The mean deviation of MAGADH SUGAR ENE is currently at 1.29. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=1.06
β
Beta against DOW=22.43
σ
Overall volatility
=1.67
Ir
Information ratio =0.11

MAGADH SUGAR Return Volatility

MAGADH SUGAR ENE accepts 1.6704% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% 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 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.

MAGADH SUGAR Volatility Indicators

MAGADH SUGAR ENE Current Risk Indicators

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