Shah Alloys (India) Risk Analysis And Volatility

SHAHALLOYS -- India Stock  

INR 20.20  0.000001  0.00%

Shah Alloys is unknown risk given 2 months investment horizon. Shah Alloys Limited owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.5774 which indicates the firm had 0.5774% of return per unit of risk over the last 2 months. Our philosophy towards measuring risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.4643% are justified by taking the suggested risk. Use Shah Alloys Limited Risk Adjusted Performance of 0.0044 and Coefficient Of Variation of (36,836,128) to evaluate company specific risk that cannot be diversified away.
Horizon     30 Days    Login   to change

Shah Alloys Market Sensitivity

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.
2 Months Beta |Analyze Shah Alloys Limited Demand Trend
Check current 30 days Shah Alloys correlation with market (DOW)
β = -0.2174

Shah Alloys Central Daily Price Deviation

Shah Alloys Limited Technical Analysis

Transformation
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Shah Alloys Projected Return Density Against Market

Assuming 30 trading days horizon, Shah Alloys Limited has beta of -0.2174 . This entails as returns on benchmark increase, returns on holding Shah Alloys are expected to decrease at a much smaller rate. During bear market, however, Shah Alloys Limited is likely to outperform the market. Moreover, The company has an alpha of 0.0055 implying that it can potentially generate 0.0055% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Shah Alloys is 173.21. The daily returns are destributed with a variance of 6.43 and standard deviation of 2.54. The mean deviation of Shah Alloys Limited is currently at 1.95. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.0055
β
Beta against DOW=0.22
σ
Overall volatility
=2.54
Ir
Information ratio =0.03

Shah Alloys Return Volatility

the business accepts 2.5362% volatility on return distribution over the 30 days horizon. the entity inherits 1.8736% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Shah Alloys Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Shah Alloys Investment Opportunity

Shah Alloys Limited has a volatility of 2.54 and is 1.36 times more volatile than DOW. 23% of all equities and portfolios are less risky than Shah Alloys. Compared to the overall equity markets, volatility of historical daily returns of Shah Alloys Limited is lower than 23 (%) of all global equities and portfolios over the last 30 days. Use Shah Alloys Limited to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Shah Alloys to be traded at 20.0 in 30 days. . 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.

Shah Alloys correlation with market

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

Shah Alloys Volatility Indicators

Shah Alloys Limited Current Risk Indicators

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