Prime Focus (India) Risk Analysis And Volatility Evaluation

PFOCUS -- India Stock  

INR 61.25  0.90  1.45%

Macroaxis considers Prime Focus to be not too volatile. Prime Focus Limited maintains Sharpe Ratio (i.e. Efficiency) of -0.0673 which implies Prime Focus Limited had -0.0673% of return per unit of risk over the last 2 months. Macroaxis philosophy towards 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. Prime Focus Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Prime Focus Limited Coefficient Of Variation of (960.68) and Risk Adjusted Performance of (0.13) to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Prime Focus Market Sensitivity

As returns on market increase, returns on owning Prime Focus are expected to decrease at a much smaller rate. During bear market, Prime Focus is likely to outperform the market.
2 Months Beta |Analyze Prime Focus Limited Demand Trend
Check current 30 days Prime Focus correlation with market (DOW)
β = -0.0692

Prime Focus Central Daily Price Deviation

Prime Focus Limited Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Prime Focus Limited 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.

Prime Focus Projected Return Density Against Market

Assuming 30 trading days horizon, Prime Focus Limited has beta of -0.0692 . This implies as returns on benchmark increase, returns on holding Prime Focus are expected to decrease at a much smaller rate. During bear market, however, Prime Focus Limited is likely to outperform the market. Additionally, Prime Focus 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 
Assuming 30 trading days horizon, the coefficient of variation of Prime Focus is -1486.29. The daily returns are destributed with a variance of 10.03 and standard deviation of 3.17. The mean deviation of Prime Focus Limited is currently at 2.22. For similar time horizon, the selected benchmark (DOW) has volatility of 1.3
α
Alpha over DOW
=0.36
β
Beta against DOW=0.07
σ
Overall volatility
=3.17
Ir
Information ratio =0.05

Prime Focus Return Volatility

Prime Focus Limited accepts 3.1671% volatility on return distribution over the 30 days horizon. DOW inherits 1.3487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Prime Focus Volatility Factors

60 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Close to average

60 Days Economic Sensitivity

Moves indifferently to market move

Investment Outlook

Prime Focus Investment Opportunity

Prime Focus Limited has a volatility of 3.17 and is 2.35 times more volatile than DOW. 28% of all equities and portfolios are less risky than Prime Focus. Compared to the overall equity markets, volatility of historical daily returns of Prime Focus Limited is lower than 28 (%) of all global equities and portfolios over the last 30 days. Use Prime Focus Limited to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Prime Focus to be traded at 59.41 in 30 days. As returns on market increase, returns on owning Prime Focus are expected to decrease at a much smaller rate. During bear market, Prime Focus is likely to outperform the market.

Prime Focus correlation with market

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

Prime Focus Volatility Indicators

Prime Focus Limited Current Risk Indicators

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