NACHMO KNITEX (India) Performance

NACHKNIT -- India Stock  

INR 0.45  0.00  0.00%

The corporation owns Beta (Systematic Risk) of 0.0 which conveys that the returns on MARKET and NACHMO KNITEX are completely uncorrelated. Although it is extremely important to respect NACHMO KNITEX LTD existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach towards 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 NACHMO KNITEX LTD technical indicators you can right now evaluate if the expected return of 0.0% will be sustainable into the future. NACHMO KNITEX LTD at this time owns a risk of 0.0%. Please verify NACHMO KNITEX LTD Standard Deviation and the relationship between Treynor Ratio and Kurtosis to decide if NACHMO KNITEX LTD will be following its current price history.
Horizon     30 Days    Login   to change

NACHMO KNITEX LTD Relative Risk vs. Return Landscape

If you would invest  45.00  in NACHMO KNITEX LTD on January 24, 2019 and sell it today you would earn a total of  0.00  from holding NACHMO KNITEX LTD or generate 0.0% return on investment over 30 days. NACHMO KNITEX 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 NACHMO KNITEX and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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NACHMO KNITEX Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average NACHMO KNITEX 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 NACHMO KNITEX by adding it to a well-diversified portfolio.

NACHMO KNITEX Performance Rating

NACHMO KNITEX LTD Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days NACHMO KNITEX LTD has generated negative risk-adjusted returns adding no value to investors with long positions.


Equity Alerts and Improvement Suggestions

NACHMO KNITEX LTD is not yet fully synchronised with the market data
NACHMO KNITEX LTD has some characteristics of a very speculative penny stock
Please see also Stocks Correlation. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.