|MRF -- India Stock|| |
INR 66,342 508.00 0.76%
MRF has performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.0347 which conveys that as returns on market increase, MRF returns are expected to increase less than the market. However during bear market, the loss on holding MRF will be expected to be smaller as well. . Although it is extremely important to respect MRF Limited price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy in 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 MRF Limited technical indicators
you can now evaluate if the expected return of 0.0225% will be sustainable into the future. MRF Limited
currently secures a risk of 1.5343%. Please verify MRF Limited Downside Deviation
, Standard Deviation
, Information Ratio
, as well as the relationship
between Coefficient Of Variation
to decide if MRF Limited will be following its current price movements.
MRF Limited Relative Risk vs. Return Landscape
If you would invest 6,611,150
in MRF Limited on December 17, 2018
and sell it today you would earn a total of 23,050
from holding MRF Limited or generate 0.35%
return on investment over 30
days. MRF Limited is generating 0.0225% of daily returns assuming 1.5343% volatility of returns over the 30 days investment horizon. Simply put, 13% of all equities have less volatile historical return distribution than MRF Limited and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, MRF Limited is expected to generate 0.76 times more return on investment than the market. However, the company is 1.31 times less risky than the market. It trades about 0.01 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.
MRF Market Risk Analysis
Sharpe Ratio = 0.0146
MRF Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average MRF 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 MRF
by adding it to a well-diversified
Over the last 30 days MRF Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
|MRF Limited has accumulated 7.73 Billion in debt which can lead to volatile earnings|
|Fifty Two Week Low||59,494.60|
|Target High Price||80,000.00|
|Fifty Two Week High||81,423.00|
|Trailing Annual Dividend Yield||0.09%|
|Target Low Price||62,000.00|
Please see also Stocks Correlation
. Please also try Idea Analyzer
module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.