NGCT BE (India) Performance

The company owns Beta (Systematic Risk) of 0.0 which conveys that the returns on MARKET and NGCT BE are completely uncorrelated. Although it is extremely important to respect NGCT-BE existing price patterns, it is better to be realistic regarding the information on equity 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 examining NGCT-BE technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future. NGCT-BE now owns a risk of 0.0%. Please verify NGCT-BE Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to decide if NGCT-BE will be following its current price history.

Risk-Adjusted Performance

Over the last 30 days NGCT-BE has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, NGCT BE is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders.
Horizon     30 Days    Login   to change

NGCT-BE Relative Risk vs. Return Landscape

If you would invest  0.00  in NGCT-BE on May 19, 2019 and sell it today you would earn a total of  0.00  from holding NGCT-BE or generate 0.0% return on investment over 30 days. NGCT-BE 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 NGCT BE and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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NGCT BE Market Risk Analysis

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

NGCT BE Alerts

Equity Alerts and Improvement Suggestions

NGCT-BE is not yet fully synchronised with the market data
NGCT-BE has some characteristics of a very speculative penny stock
Please see also Stocks Correlation. Please also try CEO Directory module to screen ceos from public companies around the world.