SOMI CONVEYOR (India) Performance

The entity has beta of 0.0 which indicates the returns on MARKET and SOMI CONVEYOR are completely uncorrelated. Although it is extremely important to respect SOMI CONVEYOR BELT 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 SOMI CONVEYOR BELT technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future. SOMI CONVEYOR BELT currently has a risk of 0.0%. Please validate SOMI CONVEYOR Jensen Alpha and the relationship between Value At Risk and Kurtosis to decide if SOMI CONVEYOR will be following its existing price patterns.

Risk-Adjusted Performance

Over the last 30 days SOMI CONVEYOR BELT has generated negative risk-adjusted returns adding no value to investors with long positions. Allthough quite persistent forward indicators, SOMI CONVEYOR is not utilizing all of its potentials. The existing stock price mess, may contribute to short term losses for the partners.
Fifty Two Week Low10.75
Fifty Two Week High24.95

SOMI CONVEYOR BELT Relative Risk vs. Return Landscape

If you would invest (100.00)  in SOMI CONVEYOR BELT on January 19, 2020 and sell it today you would earn a total of  100.00  from holding SOMI CONVEYOR BELT or generate -100.0% return on investment over 30 days. SOMI CONVEYOR BELT 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 SOMI CONVEYOR and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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SOMI CONVEYOR Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
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Based on monthly moving average SOMI CONVEYOR 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 SOMI CONVEYOR by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

SOMI CONVEYOR BELT is not yet fully synchronised with the market data
SOMI CONVEYOR BELT has some characteristics of a very speculative penny stock
Check out World Market Map. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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