PCS Technology (India) Risk Analysis And Volatility Evaluation

PCS -- India Stock  

INR 14.00  1.40  9.09%

Macroaxis considers PCS Technology to be unknown risk. PCS Technology Limited maintains Sharpe Ratio (i.e. Efficiency) of -0.1222 which implies PCS Technology Limited had -0.1222% of return per unit of standard deviation over the last 1 month. Macroaxis approach into forecasting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. PCS Technology Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PCS Technology Limited Mean Deviation of 2.23, Coefficient Of Variation of 1083.45 and Market Risk Adjusted Performance of 0.1178 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

PCS Technology Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, PCS Technology will likely underperform.
One Month Beta |Analyze PCS Technology Limited Demand Trend
Check current 30 days PCS Technology correlation with market (DOW)
β = 2.469
PCS Technology Large BetaPCS Technology Limited Beta Legend

PCS Technology Limited Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

PCS Technology Projected Return Density Against Market

Assuming 30 trading days horizon, the stock has beta coefficient of 2.469 . This implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, PCS Technology will likely underperform. Moreover, PCS Technology Limited has an alpha of 0.0703 implying that it can potentially generate 0.0703% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of PCS Technology is -818.12. The daily returns are destributed with a variance of 11.1 and standard deviation of 3.33. The mean deviation of PCS Technology Limited is currently at 2.56. For similar time horizon, the selected benchmark (DOW) has volatility of 0.37
α
Alpha over DOW
=0.07
β
Beta against DOW=2.47
σ
Overall volatility
=3.33
Ir
Information ratio =0.06

PCS Technology Return Volatility

PCS Technology Limited assumes 3.331% volatility of returns over the 30 days investment horizon. DOW inherits 0.3625% 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

Unaffected

Investment Outlook

PCS Technology Investment Opportunity

PCS Technology Limited has a volatility of 3.33 and is 9.25 times more volatile than DOW. 30% 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 30 (%) of all global equities and portfolios over the last 30 days. Use PCS Technology Limited to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of PCS Technology to be traded at 13.3 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, PCS Technology will likely underperform.

PCS Technology correlation with market

Weak 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Search macroaxis.com