Manomay Tex (India) Risk Analysis And Volatility Evaluation

MANOMAY -- India Stock  

INR 36.00  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 Mean Deviation of 1.29 and Risk Adjusted Performance of 0.29 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, returns on owning Manomay Tex are expected to decrease at a much smaller rate. During bear market, Manomay Tex is likely to outperform the market.
One Month Beta |Analyze Manomay Tex India Demand Trend
Check current 30 days Manomay Tex correlation with market (DOW)
β = -0.1731

Manomay Tex Central Daily Price Deviation

Manomay Tex India Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Manomay Tex Projected Return Density Against Market

Assuming 30 trading days horizon, Manomay Tex India Limited has beta of -0.1731 indicating as returns on benchmark increase, returns on holding Manomay Tex are expected to decrease at a much smaller rate. During bear market, however, Manomay Tex India Limited is likely to outperform the market. Additionally, Manomay Tex India Limited 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 
α
Alpha over DOW
=0.5
β
Beta against DOW=0.17
σ
Overall volatility
=0.00
Ir
Information ratio =0.21

Manomay Tex Return Volatility

Manomay Tex India Limited accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Manomay Tex Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Manomay Tex Investment Opportunity

DOW has a standard deviation of returns of 1.2 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. Use Manomay Tex India Limited to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Manomay Tex to be traded at 35.64 in 30 days. As returns on market increase, returns on owning Manomay Tex are expected to decrease at a much smaller rate. During bear market, Manomay Tex is likely to outperform the market.

Manomay Tex correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Manomay Tex India Limited and equity matching DJI index in the same portfolio.

Manomay Tex Volatility Indicators

Manomay Tex India Limited Current Risk Indicators

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