SHRI RAM (India) Risk Analysis And Volatility

SRIRAM-SM -- India Stock  

INR 14.80  0.00  0.00%

Macroaxis considers SHRI RAM to be unknown risk. SHRI RAM SWITCHGEA owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.5774 which indicates the firm had -0.5774% of return per unit of standard deviation over the last 2 months. Macroaxis approach into measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. SHRI RAM SWITCHGEA exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SHRI RAM Coefficient Of Variation of (1,027) and Risk Adjusted Performance of (0.17) to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

SHRI RAM Market Sensitivity

As returns on market increase, returns on owning SHRI RAM are expected to decrease at a much smaller rate. During bear market, SHRI RAM is likely to outperform the market.
2 Months Beta |Analyze SHRI RAM SWITCHGEA Demand Trend
Check current 30 days SHRI RAM correlation with market (DOW)
β = -0.1841

SHRI RAM Central Daily Price Deviation

SHRI RAM SWITCHGEA Technical Analysis

Transformation
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SHRI RAM Projected Return Density Against Market

Assuming 30 trading days horizon, SHRI RAM SWITCHGEA has beta of -0.1841 . This entails as returns on benchmark increase, returns on holding SHRI RAM are expected to decrease at a much smaller rate. During bear market, however, SHRI RAM SWITCHGEA is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. SHRI RAM SWITCHGEA is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of SHRI RAM is -173.21. The daily returns are destributed with a variance of 0.92 and standard deviation of 0.96. The mean deviation of SHRI RAM SWITCHGEA is currently at 0.74. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.66
β
Beta against DOW=0.18
σ
Overall volatility
=0.96
Ir
Information ratio =0.11

SHRI RAM Return Volatility

the company accepts 0.959% volatility on return distribution over the 30 days horizon. the entity inherits 1.8776% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Performance Analysis

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Investment Outlook

SHRI RAM Investment Opportunity

DOW has a standard deviation of returns of 1.88 and is 1.96 times more volatile than SHRI RAM SWITCHGEA. 8% of all equities and portfolios are less risky than SHRI RAM. Compared to the overall equity markets, volatility of historical daily returns of SHRI RAM SWITCHGEA is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use SHRI RAM SWITCHGEA 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 SHRI RAM to be traded at 14.65 in 30 days. . As returns on market increase, returns on owning SHRI RAM are expected to decrease at a much smaller rate. During bear market, SHRI RAM is likely to outperform the market.

SHRI RAM correlation with market

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

SHRI RAM Volatility Indicators

SHRI RAM SWITCHGEA Current Risk Indicators

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