TeleCanor Global (India) Performance

TELECANOR -- India Stock  

INR 6.00  0.00  0.00%

TeleCanor Global has performance score of 15 on a scale of 0 to 100. The entity has beta of -0.2244 which indicates as returns on market increase, returns on owning TeleCanor Global are expected to decrease at a much smaller rate. During bear market, TeleCanor Global is likely to outperform the market. Although it is extremely important to respect TeleCanor Global current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards 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 inspecting TeleCanor Global technical indicators you can presently evaluate if the expected return of 0.1993% will be sustainable into the future. TeleCanor Global right now has a risk of 0.8913%. Please validate TeleCanor Global Value At Risk, and the relationship between Jensen Alpha and Semi Variance to decide if TeleCanor Global will be following its existing price patterns.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in TeleCanor Global Ltd are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days. Allthough quite conflicting forward indicators, TeleCanor Global may actually be approaching a critical reversion point that can send shares even higher in August 2019.
Quick Ratio0.26
Fifty Two Week Low5.50
Fifty Two Week High6.00
Horizon     30 Days    Login   to change

TeleCanor Global Relative Risk vs. Return Landscape

If you would invest  577.00  in TeleCanor Global Ltd on June 17, 2019 and sell it today you would earn a total of  23.00  from holding TeleCanor Global Ltd or generate 3.99% return on investment over 30 days. TeleCanor Global Ltd is generating 0.1993% of daily returns and assumes 0.8913% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than TeleCanor Global and 97% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, TeleCanor Global is expected to generate 1.36 times more return on investment than the market. However, the company is 1.36 times more volatile than its market benchmark. It trades about 0.22 of its potential returns per unit of risk. The DOW is currently generating roughly 0.22 per unit of risk.

TeleCanor Global Market Risk Analysis

Sharpe Ratio = 0.2236
Good Returns
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Small ReturnsTELECANOR
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TeleCanor Global Relative Performance Indicators

Estimated Market Risk
  actual daily
 7 %
of total potential
Expected Return
  actual daily
 3 %
of total potential
Risk-Adjusted Return
  actual daily
 15 %
of total potential
Based on monthly moving average TeleCanor Global is performing at about 15% 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 TeleCanor Global by adding it to a well-diversified portfolio.

TeleCanor Global Alerts

Equity Alerts and Improvement Suggestions

The company has accumulated zero balance in total debt. TeleCanor Global has Current Ratio of 0.63 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported revenue of 852K. Net Loss for the year was (19.38M) with loss before overhead, payroll, taxes, and interest of (1.39M).
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