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MAGMA Risk Analysis And Volatility

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Our approach towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for MAGMA FINCORP which you can use to evaluate future volatility of the entity. Please verify MAGMA FINCORP LTD to check out if risk estimate we provide are consistent with the epected return of 0.0%.
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MAGMA FINCORP LTD Technical Analysis

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MAGMA FINCORP Projected Return Density Against Market

Assuming 30 trading days horizon, MAGMA FINCORP has beta of 0.0 indicating the returns on DOW and MAGMA FINCORP do not appear to be sensitive. Furthermore, It does not look like the company alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of MAGMA FINCORP is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of MAGMA FINCORP LTD is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.00
Ir
Information ratio =0.00

MAGMA FINCORP Return Volatility

the company accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.0134% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

MAGMA FINCORP Investment Opportunity

DOW has a standard deviation of returns of 1.01 and is 9.223372036854776E16 times more volatile than MAGMA FINCORP LTD. of all equities and portfolios are less risky than MAGMA FINCORP. Compared to the overall equity markets, volatility of historical daily returns of MAGMA FINCORP LTD is lower than 0 () of all global equities and portfolios over the last 30 days.

MAGMA FINCORP Current Risk Indicators

MAGMA FINCORP Suggested Diversification Pairs

Check out Stocks Correlation. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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