Taurus Banking (India) Risk Analysis And Volatility Evaluation

TAURUSBANKIN -- India Fund  

INR 21.74  1.29  6.31%

We consider Taurus Banking unknown risk. Taurus Banking Fin owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0187 which indicates Taurus Banking Fin had 0.0187% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Taurus Banking Fin Services Div which you can use to evaluate future volatility of the fund. Please validate Taurus Banking Coefficient Of Variation of 1,696 and Risk Adjusted Performance of 0.021007 to confirm if risk estimate we provide are consistent with the epected return of 0.0936%.
Horizon     30 Days    Login   to change

Taurus Banking Market Sensitivity

As returns on market increase, Taurus Banking returns are expected to increase less than the market. However during bear market, the loss on holding Taurus Banking will be expected to be smaller as well.
One Month Beta |Analyze Taurus Banking Fin Demand Trend
Check current 30 days Taurus Banking correlation with market (DOW)
β = 0.1384
Taurus Banking Small BetaTaurus Banking Fin Beta Legend

Taurus Banking Fin Technical Analysis

Transformation
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Taurus Banking Projected Return Density Against Market

Assuming 30 trading days horizon, Taurus Banking has beta of 0.1384 . This entails as returns on market go up, Taurus Banking average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Taurus Banking Fin Services Div will be expected to be much smaller as well. Additionally, Taurus Banking Fin Services Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Taurus Banking is 5342.13. The daily returns are destributed with a variance of 24.99 and standard deviation of 5.0. The mean deviation of Taurus Banking Fin Services Div is currently at 3.11. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.14
β
Beta against DOW=0.14
σ
Overall volatility
=5.00
Ir
Information ratio =0.15

Taurus Banking Return Volatility

Taurus Banking Fin Services Div accepts 4.9989% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Taurus Banking Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Taurus Banking Investment Opportunity

Taurus Banking Fin Services Div has a volatility of 5.0 and is 11.63 times more volatile than DOW. 45% of all equities and portfolios are less risky than Taurus Banking. Compared to the overall equity markets, volatility of historical daily returns of Taurus Banking Fin Services Div is lower than 45 (%) of all global equities and portfolios over the last 30 days. Use Taurus Banking Fin Services Div to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of Taurus Banking to be traded at 27.17 in 30 days. As returns on market increase, Taurus Banking returns are expected to increase less than the market. However during bear market, the loss on holding Taurus Banking will be expected to be smaller as well.

Taurus Banking correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Taurus Banking Fin Services Di and equity matching DJI index in the same portfolio.

Taurus Banking Volatility Indicators

Taurus Banking Fin Services Div Current Risk Indicators

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