|SHAHALLOYS -- India Stock|| |
INR 20.20 0.000001 0.00%
The entity has beta of -0.196 which indicates as returns on market increase, returns on owning Shah Alloys are expected to decrease at a much smaller rate. During bear market, Shah Alloys is likely to outperform the market. Even though it is essential to pay attention to Shah Alloys Limited
current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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
. Shah Alloys Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Shah Alloys Limited
has expected return of -0.5345%. Please be advised to validate Shah Alloys Information Ratio
, Value At Risk
and the relationship
between Standard Deviation
and Treynor Ratio
to decide if Shah Alloys Limited
past performance will be repeated at some point in the near future.
Shah Alloys Limited Relative Risk vs. Return Landscape
If you would invest 2,255
in Shah Alloys Limited on December 22, 2018
and sell it today you would lose (235.00)
from holding Shah Alloys Limited or give up 10.42%
of portfolio value over 30
days. Shah Alloys Limited is generating negative expected returns and assumes 3.0222% volatility on return distribution over the 30 days horizon. Simply put, 27% of equities are less volatile than Shah Alloys 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, Shah Alloys is expected to under-perform the market. In addition to that, the company is 1.51 times more volatile than its market benchmark. It trades about -0.18 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.
Shah Alloys Market Risk Analysis
Sharpe Ratio = -0.1768
Shah Alloys Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Shah Alloys 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 Shah Alloys
by adding it to a well-diversified
Over the last 30 days Shah Alloys Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
|Shah Alloys Limited is not yet fully synchronised with the market data|
|Shah Alloys Limited generates negative expected return over the last 30 days|
|Shah Alloys Limited has high historical volatility and very poor performance|
|Shah Alloys Limited has high likelihood to experience some financial distress in the next 2 years|
|The company has accumulated 4.41B in total debt. Shah Alloys Limited has Current Ratio of 0.26 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. |
|Fifty Two Week Low||17.00|
|Fifty Two Week High||49.00|
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