PCS Technology (India) Risk Analysis And Volatility Evaluation

PCS -- India Stock  

INR 11.61  0.00  0.00%

Our approach into 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 PCS Technology Limited which you can use to evaluate future volatility of the entity. Please check PCS Technology Limited Mean Deviation of 1.6, Coefficient Of Variation of 1,029 and Market Risk Adjusted Performance of 1.03 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

PCS Technology Market Sensitivity

As returns on market increase, PCS Technology returns are expected to increase less than the market. However during bear market, the loss on holding PCS Technology will be expected to be smaller as well.
One Month Beta |Analyze PCS Technology Limited Demand Trend
Check current 30 days PCS Technology correlation with market (DOW)
β = 0.2743

PCS Technology Central Daily Price Deviation

PCS Technology Limited Technical Analysis

Transformation
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PCS Technology Projected Return Density Against Market

Assuming 30 trading days horizon, PCS Technology has beta of 0.2743 . This implies as returns on market go up, PCS Technology average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PCS Technology Limited will be expected to be much smaller as well. Additionally, PCS Technology Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.26
β
Beta against DOW=0.27
σ
Overall volatility
=0.00
Ir
Information ratio =0.07

PCS Technology Return Volatility

PCS Technology Limited assumes 0.0% volatility of returns over the 30 days investment horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

PCS Technology Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

PCS Technology Investment Opportunity

DOW has a standard deviation of returns of 1.2 and is 9.223372036854776E16 times more volatile than PCS Technology Limited. 0% of all equities and portfolios are less risky than PCS Technology. Compared to the overall equity markets, volatility of historical daily returns of PCS Technology Limited is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PCS Technology Limited to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of PCS Technology to be traded at 11.49 in 30 days. As returns on market increase, PCS Technology returns are expected to increase less than the market. However during bear market, the loss on holding PCS Technology will be expected to be smaller as well.

PCS Technology correlation with market

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

PCS Technology Volatility Indicators

PCS Technology Limited Current Risk Indicators

Additionally take a look at Your Equity Center. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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