Manomay Tex (India) Risk Analysis And Volatility

MANOMAY -- India Stock  

INR 39.40  0.00  0.00%

Our philosophy 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 Manomay Tex which you can use to evaluate future volatility of the firm. Please verify Manomay Tex India Limited Risk Adjusted Performance of (0.046355) and Mean Deviation of 1.26 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Manomay Tex Market Sensitivity

As returns on market increase, Manomay Tex returns are expected to increase less than the market. However during bear market, the loss on holding Manomay Tex will be expected to be smaller as well.
2 Months Beta |Analyze Manomay Tex India Demand Trend
Check current 30 days Manomay Tex correlation with market (DOW)
β = 0.0021

Manomay Tex Central Daily Price Deviation

Manomay Tex India Technical Analysis

Transformation
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Manomay Tex Projected Return Density Against Market

Assuming 30 trading days horizon, Manomay Tex has beta of 0.0021 indicating as returns on market go up, Manomay Tex average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Manomay Tex India Limited will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Manomay Tex India is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.07
β
Beta against DOW=0.0021
σ
Overall volatility
=0.00
Ir
Information ratio =0.06

Manomay Tex Return Volatility

the company accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9038% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Manomay Tex Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Manomay Tex Investment Opportunity

DOW has a standard deviation of returns of 1.9 and is 9.223372036854776E16 times more volatile than Manomay Tex India Limited. 0% of all equities and portfolios are less risky than Manomay Tex. Compared to the overall equity markets, volatility of historical daily returns of Manomay Tex India Limited is lower than 0 (%) of all global equities and portfolios over the last 30 days.

Manomay Tex Volatility Indicators

Manomay Tex India Limited Current Risk Indicators

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