Mercator (India) Risk Analysis And Volatility

MERCATOR -- India Stock  

INR 7.65  0.35  4.79%

Macroaxis considers Mercator to be unusually risky. Mercator Limited has Sharpe Ratio of -0.4176 which conveys that the firm had -0.4176% of return per unit of risk over the last 2 months. Macroaxis philosophy towards estimating risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Mercator exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Mercator Limited Mean Deviation of 3.22 and Risk Adjusted Performance of (0.56) to check out risk estimate we provide.
Horizon     30 Days    Login   to change

Mercator Market Sensitivity

As returns on market increase, returns on owning Mercator are expected to decrease at a much smaller rate. During bear market, Mercator is likely to outperform the market.
2 Months Beta |Analyze Mercator Limited Demand Trend
Check current 30 days Mercator correlation with market (DOW)
β = -0.2114

Mercator Central Daily Price Deviation

Mercator Limited Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Mercator Limited Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Mercator Projected Return Density Against Market

Assuming 30 trading days horizon, Mercator Limited has beta of -0.2114 indicating as returns on benchmark increase, returns on holding Mercator are expected to decrease at a much smaller rate. During bear market, however, Mercator Limited is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Mercator Limited is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Mercator is -239.48. The daily returns are destributed with a variance of 14.4 and standard deviation of 3.79. The mean deviation of Mercator Limited is currently at 2.62. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=1.53
β
Beta against DOW=0.21
σ
Overall volatility
=3.79
Ir
Information ratio =0.33

Mercator Return Volatility

the corporation accepts 3.7942% volatility on return distribution over the 30 days horizon. the entity inherits 1.9% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Mercator Volatility Factors

60 Days Market Risk

Unusually risky

Chance of Distress in 24 months

Close to average

60 Days Economic Sensitivity

Almost neglects market trends

Investment Outlook

Mercator Investment Opportunity

Mercator Limited has a volatility of 3.79 and is 1.99 times more volatile than DOW. 34% of all equities and portfolios are less risky than Mercator. Compared to the overall equity markets, volatility of historical daily returns of Mercator Limited is lower than 34 (%) of all global equities and portfolios over the last 30 days. Use Mercator Limited to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of Mercator to be traded at 9.56 in 30 days. . As returns on market increase, returns on owning Mercator are expected to decrease at a much smaller rate. During bear market, Mercator is likely to outperform the market.

Mercator correlation with market

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

Mercator Volatility Indicators

Mercator Limited Current Risk Indicators

Please see also Stocks Correlation. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Search macroaxis.com