The entity has beta of 0.0 which indicates the returns on MARKET and SHREECEM6 are completely uncorrelated. Although it is extremely important to respect SHREECEM6 BO current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into measuring future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining SHREECEM6 BO technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future. SHREECEM6 BO currently has a risk of 0.0%. Please validate SHREECEM6 Maximum Drawdown as well as the relationship between Downside Variance and Skewness to decide if SHREECEM6 will be following its existing price patterns.
|Horizon||30 Days Login to change|
SHREECEM6 BO Relative Risk vs. Return LandscapeIf you would invest 0.00 in SHREECEM6 BO on January 16, 2019 and sell it today you would earn a total of 0.00 from holding SHREECEM6 BO or generate 0.0% return on investment over 30 days. SHREECEM6 BO is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than SHREECEM6 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SHREECEM6 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days SHREECEM6 BO has generated negative risk-adjusted returns adding no value to investors with long positions.