|PIDILITIND -- India Stock|| |
INR 1,120 6.60 0.59%
The organization holds Beta of 0.1614 which implies as returns on market increase, Pidilite Industries returns are expected to increase less than the market. However during bear market, the loss on holding Pidilite Industries will be expected to be smaller as well. Even though it is essential to pay attention to Pidilite Industries
current trending patterns, it is always good to be careful when utilizing equity existing price patterns
. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Pidilite Industries exposes twenty-one different technical indicators which can help you to evaluate its performance. Pidilite Industries
has expected return of -0.1612%. Please be advised to check Pidilite Industries Variance
as well as the relationship
between Maximum Drawdown
and Semi Variance
to decide if Pidilite Industries
past performance will be repeated at some point in the near future.
Pidilite Industries Relative Risk vs. Return Landscape
If you would invest 119,265
in Pidilite Industries Limited on January 19, 2019
and sell it today you would lose (7,265)
from holding Pidilite Industries Limited or give up 6.09%
of portfolio value over 30
days. Pidilite Industries Limited is generating negative expected returns and assumes 1.6504% volatility on return distribution over the 30 days horizon. Simply put, 15% of equities are less volatile than Pidilite Industries and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Pidilite Industries is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.16 times less risky than the market. the firm trades about -0.1 of its potential returns per unit of risk. The DOW is currently generating roughly 0.19 of returns per unit of risk over similar time horizon.
Pidilite Industries Market Risk Analysis
Sharpe Ratio = -0.0977
Pidilite Industries Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Pidilite Industries is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pidilite Industries
by adding it to a well-diversified
Over the last 30 days Pidilite Industries Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
|Pidilite Industries generates negative expected return over the last 30 days|
|Fifty Two Week Low||845.05|
|Target High Price||1,330.00|
|Fifty Two Week High||1,211.45|
|Trailing Annual Dividend Yield||0.54%|
|Target Low Price||920.00|
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