|TASTYBIT -- India Stock|| |
INR 7,940 60.50 0.76%
The entity has beta of 0.1898 which indicates as returns on market increase, Tasty Bite returns are expected to increase less than the market. However during bear market, the loss on holding Tasty Bite will be expected to be smaller as well. Even though it is essential to pay attention to Tasty Bite Eatables
current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Tasty Bite Eatables Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Tasty Bite Eatables
has expected return of -0.411%. Please be advised to validate Tasty Bite Value At Risk
as well as the relationship
between Semi Variance
to decide if Tasty Bite Eatables
past performance will be repeated at some point in the near future.
Tasty Bite Eatables Relative Risk vs. Return Landscape
If you would invest 864,205
in Tasty Bite Eatables Limited on January 20, 2019
and sell it today you would lose (70,255)
from holding Tasty Bite Eatables Limited or give up 8.13%
of portfolio value over 30
days. Tasty Bite Eatables Limited is generating negative expected returns and assumes 1.5863% volatility on return distribution over the 30 days horizon. Simply put, 14% of equities are less volatile than Tasty Bite and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Tasty Bite is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.18 times less risky than the market. the firm trades about -0.26 of its potential returns per unit of risk. The DOW is currently generating roughly 0.22 of returns per unit of risk over similar time horizon.
Tasty Bite Market Risk Analysis
Sharpe Ratio = -0.2591
Tasty Bite Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Tasty Bite 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 Tasty Bite
by adding it to a well-diversified
Over the last 30 days Tasty Bite Eatables Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
|Fifty Two Week Low||7,020.65|
|Target High Price||1,650.00|
|Fifty Two Week High||11,371.70|
|Trailing Annual Dividend Yield||0.02%|
|Target Low Price||1,650.00|
Also please take a look at World Market Map
. Please also try Bollinger Bands
module to use bollinger bands indicator to analyze target price for a given investing horizon.