Shah Alloys (India) Performance

SHAHALLOYS -- India Stock  

INR 18.65  0.65  3.61%

Macroaxis gives Shah Alloys performance score of 0 on a scale of 0 to 100. The entity has beta of 0.5857 which indicates as returns on market increase, Shah Alloys returns are expected to increase less than the market. However during bear market, the loss on holding Shah Alloys will be expected to be smaller as well.. 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 -0.6179%. 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.
Horizon     30 Days    Login   to change

Shah Alloys Limited Relative Risk vs. Return Landscape

If you would invest  1,965  in Shah Alloys Limited on October 16, 2018 and sell it today you would lose (100.00)  from holding Shah Alloys Limited or give up 5.09% of portfolio value over 30 days. Shah Alloys Limited is generating negative expected returns and assumes 2.7325% volatility on return distribution over the 30 days horizon. Simply put, 24% of equities are less volatile than Shah Alloys Limited and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Shah Alloys Limited is expected to under-perform the market. In addition to that, the company is 2.27 times more volatile than its market benchmark. It trades about -0.23 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of volatility.

Shah Alloys Market Risk Analysis

Sharpe Ratio = -0.2261
Good Returns
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Negative ReturnsSHAHALLOYS

Shah Alloys Relative Performance Indicators

Estimated Market Risk
  actual daily
 76 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
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 portfolio.

Shah Alloys Performance Rating

Shah Alloys Limited Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days Shah Alloys Limited has generated negative risk-adjusted returns adding no value to investors with long positions.

Shah Alloys Alerts

Equity Alerts and Improvement Suggestions

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 likelihood to experience some financial distress in the next 2 years
The company has accumulated 2.38 B 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.
Also please take a look at World Market Map. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.