Manomay Tex (India) Risk Analysis And Volatility Evaluation

MANOMAY -- India Stock  

INR 37.50  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 2.74 and Risk Adjusted Performance of 0.06 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.
One Month Beta |Analyze Manomay Tex India Demand Trend
Check current 30 days Manomay Tex correlation with market (DOW)
β = 0.4374
Manomay Tex Small BetaManomay Tex India Beta Legend

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 has beta of 0.4374 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, 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
=0.77
β
Beta against DOW=0.44
σ
Overall volatility
=0.00
Ir
Information ratio =0.2

Manomay Tex Return Volatility

Manomay Tex India Limited accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3625% 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

Unaffected

Investment Outlook

Manomay Tex Investment Opportunity

DOW has a standard deviation of returns of 0.36 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 37.13 in 30 days. 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.

Manomay Tex correlation with market

Significant 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

Please see also Stocks Correlation. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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