As of 19 of February Shah Alloys has Risk Adjusted Performance of 0.2594, Coefficient Of Variation of 703.3 and Semi Deviation of 2.05. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Shah Alloys Limited as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for Shah Alloys Limited which can be compared to its competition. Please validate Shah Alloys Limited Information Ratio, Value At Risk and the relationship between Standard Deviation and Treynor Ratio to decide if Shah Alloys is priced more or less accurately providing market reflects its prevalent price of 22.25 per share.
|Horizon||30 Days Login to change|
Shah Alloys Limited Technical Analysis
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Shah Alloys Limited Trend AnalysisUse this graph to draw trend lines for Shah Alloys Limited. You can use it to identify possible trend reversals for Shah Alloys as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Shah Alloys price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Shah Alloys Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Shah Alloys Limited applied against its price change over selected period. The best fit line has a slop of 0.006275 % which means Shah Alloys Limited will continue generating value for investors. It has 78 observation points and a regression sum of squares at 0.39, which is the sum of squared deviations for the predicted Shah Alloys price change compared to its average price change.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add Shah Alloys Limited to your portfolio
|Risk Adjusted Performance||0.2594|
|Market Risk Adjusted Performance||(4.26)|
|Coefficient Of Variation||703.3|
|Total Risk Alpha||0.3141|
|Value At Risk||(3.52)|
|Expected Short fall||(3.16)|