PCS Technology (India) Risk Analysis And Volatility

PCS -- India Stock  

INR 13.50  0.68  5.30%

We consider PCS Technology unknown risk. PCS Technology maintains Sharpe Ratio (i.e. Efficiency) of 0.0157 which implies the company had 0.0157% of return per unit of standard deviation over the last 2 months. 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 which you can use to evaluate future volatility of the entity. Please check PCS Technology Market Risk Adjusted Performance of 0.3411, Mean Deviation of 3.34 and Coefficient Of Variation of 3076.05 to confirm if risk estimate we provide are consistent with the epected return of 0.0853%.
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.
2 Months Beta |Analyze PCS Technology Demand Trend
Check current 30 days PCS Technology correlation with market (DOW)
β = 0.3828

PCS Technology Central Daily Price Deviation

PCS Technology 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, PCS Technology has beta of 0.3828 . 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. Moreover, The company has an alpha of 0.0995 implying that it can potentially generate 0.0995% 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 6369.0. The daily returns are destributed with a variance of 29.5 and standard deviation of 5.43. The mean deviation of PCS Technology Limited is currently at 4.53. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.1
β
Beta against DOW=0.38
σ
Overall volatility
=5.43
Ir
Information ratio =0.0132

PCS Technology Return Volatility

the corporation assumes 5.4316% volatility of returns over the 30 days investment horizon. the entity inherits 1.9% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

PCS Technology Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

PCS Technology Investment Opportunity

PCS Technology Limited has a volatility of 5.43 and is 2.86 times more volatile than DOW. 49% 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 49 (%) of all global equities and portfolios over the last 30 days. Use PCS Technology Limited to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of PCS Technology to be traded at 16.88 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 Money Managers module to screen money managers from public funds and etfs managed around the world.
Search macroaxis.com