NCC (India) Performance

NCC -- India Stock  

INR 80.75  1.75  2.22%

NCC holds performance score of 29 on a scale of zero to a hundred. The corporation owns Beta (Systematic Risk) of -0.07 which conveys that as returns on market increase, returns on owning NCC are expected to decrease at a much smaller rate. During bear market, NCC is likely to outperform the market.. Although it is essential to pay attention to NCC Limited existing price patterns, it is also good to be reasonable about what you can actually do with equity price patterns. Macroaxis approach towards estimating future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if NCC expected return of 1.7738 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use NCC Limited Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to analyze future returns on NCC Limited.
Horizon     30 Days    Login   to change

NCC Limited Relative Risk vs. Return Landscape

If you would invest  6,820  in NCC Limited on October 19, 2018 and sell it today you would earn a total of  1,255  from holding NCC Limited or generate 18.4% return on investment over 30 days. NCC Limited is generating 1.7738% of daily returns assuming 4.0522% volatility of returns over the 30 days investment horizon. Simply put, 36% of all equities have less volatile historical return distribution than NCC Limited and 67% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, NCC Limited is expected to generate 3.39 times more return on investment than the market. However, the company is 3.39 times more volatile than its market benchmark. It trades about 0.44 of its potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of risk.

NCC Market Risk Analysis

Sharpe Ratio = 0.4377
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NCC Relative Performance Indicators

Estimated Market Risk
 4.05
  actual daily
 
 64 %
of total potential
  
Expected Return
 1.77
  actual daily
 
 33 %
of total potential
  
Risk-Adjusted Return
 0.44
  actual daily
 
 29 %
of total potential
  
Based on monthly moving average NCC is performing at about 29% 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 NCC by adding it to a well-diversified portfolio.

NCC Performance Rating

NCC Limited Risk Adjusted Performance Analysis

29 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in NCC Limited are ranked lower than 29 (%) of all global equities and portfolios over the last 30 days.

NCC Alerts

Equity Alerts and Improvement Suggestions

NCC Limited is not yet fully synchronised with the market data
NCC Limited appears to be very risky and stock price may revert if volatility continues
NCC Limited has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Please see also Stocks Correlation. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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