MAYUR LEATHER (India) Performance

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The corporation secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and MAYUR LEATHER are completely uncorrelated. Although it is extremely important to respect MAYUR LEATHER PRODUCTS price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach into estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting MAYUR LEATHER PRODUCTS technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future. MAYUR LEATHER PRODUCTS currently secures a risk of 0.0%. Please verify MAYUR LEATHER PRODUCTS LTD Standard Deviation as well as the relationship between Value At Risk and Kurtosis to decide if MAYUR LEATHER PRODUCTS LTD will be following its current price movements.

Risk-Adjusted Performance

Over the last 30 days MAYUR LEATHER PRODUCTS LTD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, MAYUR LEATHER is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Quick Ratio0.45
Fifty Two Week Low6.45
Fifty Two Week High20.45

MAYUR LEATHER PRODUCTS Relative Risk vs. Return Landscape

If you would invest  0.00  in MAYUR LEATHER PRODUCTS LTD on January 23, 2020 and sell it today you would earn a total of  0.00  from holding MAYUR LEATHER PRODUCTS LTD or generate 0.0% return on investment over 30 days. MAYUR LEATHER PRODUCTS LTD is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than MAYUR LEATHER and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
  Risk (%) 

MAYUR LEATHER Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average MAYUR LEATHER is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MAYUR LEATHER by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

MAYUR LEATHER is not yet fully synchronised with the market data
MAYUR LEATHER has some characteristics of a very speculative penny stock
The company reported revenue of 187.19 M. Net Loss for the year was (28.41 M) with profit before overhead, payroll, taxes, and interest of 44.05 M.
Additionally see Stocks Correlation. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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