North Eastern (India) Performance

The company secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and North Eastern are completely uncorrelated. Although it is extremely important to respect North Eastern Carrying price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy 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 analyzing North Eastern Carrying technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future. North Eastern Carrying right now secures a risk of 0.0%. Please verify North Eastern Carrying Corporation Limited Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if North Eastern Carrying Corporation Limited will be following its current price movements.

Risk-Adjusted Performance

Over the last 30 days North Eastern Carrying Corporation Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, North Eastern is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.
Fifty Two Week Low6.51
Fifty Two Week High18.40
Horizon     30 Days    Login   to change

North Eastern Carrying Relative Risk vs. Return Landscape

If you would invest  0.00  in North Eastern Carrying Corporation Limited on May 20, 2019 and sell it today you would earn a total of  0.00  from holding North Eastern Carrying Corporation Limited or generate 0.0% return on investment over 30 days. North Eastern Carrying Corporation Limited 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 North Eastern and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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North Eastern Market Risk Analysis

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

North Eastern Alerts

Equity Alerts and Improvement Suggestions

North Eastern is not yet fully synchronised with the market data
North Eastern has some characteristics of a very speculative penny stock
North Eastern has high likelihood to experience some financial distress in the next 2 years
The company has 566.75 Million in debt which may indicate that it relies heavily on debt financing
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