Mercator (India) Risk Analysis And Volatility Evaluation

MERCATOR -- India Stock  

INR 19.40  1.95  9.13%

Macroaxis considers Mercator to be moderately volatile. Mercator Limited has Sharpe Ratio of -0.0929 which conveys that Mercator Limited had -0.0929% of return per unit of risk over the last 1 month. 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 2.69 and Risk Adjusted Performance of 0.021273 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.
One Month Beta |Analyze Mercator Limited Demand Trend
Check current 30 days Mercator correlation with market (DOW)
β = -0.7869
Mercator Almost negative betaMercator Limited Beta Legend

Mercator Limited Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. 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 -0.7869 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, Mercator 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 
Assuming 30 trading days horizon, the coefficient of variation of Mercator is -1076.86. The daily returns are destributed with a variance of 17.26 and standard deviation of 4.15. The mean deviation of Mercator Limited is currently at 2.71. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.14
β
Beta against DOW=0.79
σ
Overall volatility
=4.15
Ir
Information ratio =0.11

Mercator Return Volatility

Mercator Limited accepts 4.1545% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Mercator Volatility Factors

30 Days Market Risk

Moderately volatile

Chance of Distress in 24 months

About average

30 Days Economic Sensitivity

Slightly opposite to market

Investment Outlook

Mercator Investment Opportunity

Mercator Limited has a volatility of 4.15 and is 9.43 times more volatile than DOW. 37% 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 37 (%) of all global equities and portfolios over the last 30 days. Use Mercator Limited to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of Mercator to be traded at 18.43 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

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

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