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Ortel Communications (India) Risk Analysis And Volatility

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ORTEL -- India Stock  

INR 0.52  0.01  1.89%

We consider Ortel Communications out of control. Ortel Communications maintains Sharpe Ratio (i.e. Efficiency) of 0.0145 which implies the corporation had 0.0145% of return per unit of risk over the last 3 months. Our philosophy towards forecasting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Ortel Communications which you can use to evaluate future volatility of the company. Please check Ortel Communications Coefficient Of Variation of (1,664) and Risk Adjusted Performance of (0.039906) to confirm if risk estimate we provide are consistent with the epected return of 0.0432%.
Equity
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90 Days Market Risk

Out of control

Chance of Distress

High

90 Days Economic Sensitivity

Barely shadows market

Ortel Communications Market Sensitivity

As returns on market increase, Ortel Communications returns are expected to increase less than the market. However during bear market, the loss on holding Ortel Communications will be expected to be smaller as well.
3 Months Beta |Analyze Ortel Communications Demand Trend
Check current 30 days Ortel Communications correlation with market (DOW)
β = 0.0204

Ortel Communications Central Daily Price Deviation

Ortel Communications Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Ortel Communications Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Ortel Communications Projected Return Density Against Market

Assuming 30 trading days horizon, Ortel Communications has beta of 0.0204 . This implies as returns on market go up, Ortel Communications average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ortel Communications Limited will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Ortel Communications is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Ortel Communications is 6882.4. The daily returns are destributed with a variance of 8.84 and standard deviation of 2.97. The mean deviation of Ortel Communications Limited is currently at 2.19. For similar time horizon, the selected benchmark (DOW) has volatility of 0.79
α
Alpha over DOW
=0.19
β
Beta against DOW=0.0204
σ
Overall volatility
=2.97
Ir
Information ratio =0.08

Ortel Communications Return Volatility

the company accepts 2.9731% volatility on return distribution over the 30 days horizon. the entity inherits 0.8966% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Ortel Communications Investment Opportunity

Ortel Communications Limited has a volatility of 2.97 and is 3.3 times more volatile than DOW. 26  of all equities and portfolios are less risky than Ortel Communications. Compared to the overall equity markets, volatility of historical daily returns of Ortel Communications Limited is lower than 26 () of all global equities and portfolios over the last 30 days. Use Ortel Communications Limited to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Ortel Communications to be traded at 0.5044 in 30 days. . As returns on market increase, Ortel Communications returns are expected to increase less than the market. However during bear market, the loss on holding Ortel Communications will be expected to be smaller as well.

Ortel Communications correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Ortel Communications Limited and equity matching DJI index in the same portfolio.

Ortel Communications Current Risk Indicators

Ortel Communications Suggested Diversification Pairs

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