RELIANCE HOME (India) Risk Analysis And Volatility

RHFL -- India Stock  

INR 26.50  0.40  1.49%

Our approach towards 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 RELIANCE HOME FIN which you can use to evaluate future volatility of the company. Please check RELIANCE HOME FIN Risk Adjusted Performance of (0.20) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

RELIANCE HOME Market Sensitivity

As returns on market increase, returns on owning RELIANCE HOME are expected to decrease at a much smaller rate. During bear market, RELIANCE HOME is likely to outperform the market.
2 Months Beta |Analyze RELIANCE HOME FIN Demand Trend
Check current 30 days RELIANCE HOME correlation with market (DOW)
β = -0.7655

RELIANCE HOME Central Daily Price Deviation

RELIANCE HOME FIN Technical Analysis

Transformation
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RELIANCE HOME Projected Return Density Against Market

Assuming 30 trading days horizon, RELIANCE HOME FIN has beta of -0.7655 . This implies as returns on benchmark increase, returns on holding RELIANCE HOME are expected to decrease at a much smaller rate. During bear market, however, RELIANCE HOME FIN is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. RELIANCE HOME FIN is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=2.12
β
Beta against DOW=0.77
σ
Overall volatility
=0.00
Ir
Information ratio =0.27

RELIANCE HOME Return Volatility

the enterprise accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.7996% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

RELIANCE HOME Investment Opportunity

DOW has a standard deviation of returns of 0.8 and is 9.223372036854776E16 times more volatile than RELIANCE HOME FIN. 0% of all equities and portfolios are less risky than RELIANCE HOME. Compared to the overall equity markets, volatility of historical daily returns of RELIANCE HOME FIN is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use RELIANCE HOME FIN to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of RELIANCE HOME to be traded at 25.71 in 30 days. . As returns on market increase, returns on owning RELIANCE HOME are expected to decrease at a much smaller rate. During bear market, RELIANCE HOME is likely to outperform the market.

RELIANCE HOME correlation with market

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

RELIANCE HOME Current Risk Indicators

RELIANCE HOME Suggested Diversification Pairs

Additionally take a look at Your Equity Center. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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