Tide Water (India) Risk Analysis And Volatility Evaluation

TIDEWATER -- India Stock  

INR 5,591  58.00  1.03%

Macroaxis considers Tide Water to be unknown risk. Tide Water Oil owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.284 which indicates Tide Water Oil had -0.284% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. Tide Water Oil Co Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Tide Water Coefficient Of Variation of 280.95 and Risk Adjusted Performance of 0.13 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Tide Water Market Sensitivity

As returns on market increase, returns on owning Tide Water are expected to decrease at a much smaller rate. During bear market, Tide Water is likely to outperform the market.
One Month Beta |Analyze Tide Water Oil Demand Trend
Check current 30 days Tide Water correlation with market (DOW)
β = -0.202
Tide Water Almost negative betaTide Water Oil Beta Legend

Tide Water Oil Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Tide Water Projected Return Density Against Market

Assuming 30 trading days horizon, Tide Water Oil Co Ltd has beta of -0.202 . This entails as returns on benchmark increase, returns on holding Tide Water are expected to decrease at a much smaller rate. During bear market, however, Tide Water Oil Co Ltd is likely to outperform the market. Additionally, Tide Water Oil Co Ltd 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 Tide Water is -352.08. The daily returns are destributed with a variance of 0.36 and standard deviation of 0.6. The mean deviation of Tide Water Oil Co Ltd is currently at 0.44. For similar time horizon, the selected benchmark (DOW) has volatility of 0.37
α
Alpha over DOW
=0.2
β
Beta against DOW=0.2
σ
Overall volatility
=0.60
Ir
Information ratio =0.51

Tide Water Return Volatility

Tide Water Oil Co Ltd accepts 0.604% volatility on return distribution over the 30 days horizon. DOW inherits 0.3625% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Tide Water Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Tide Water Investment Opportunity

Tide Water Oil Co Ltd has a volatility of 0.6 and is 1.67 times more volatile than DOW. 5% of all equities and portfolios are less risky than Tide Water. Compared to the overall equity markets, volatility of historical daily returns of Tide Water Oil Co Ltd is lower than 5 (%) of all global equities and portfolios over the last 30 days. Use Tide Water Oil Co Ltd to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Tide Water to be traded at 5423.27 in 30 days. As returns on market increase, returns on owning Tide Water are expected to decrease at a much smaller rate. During bear market, Tide Water is likely to outperform the market.

Tide Water correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Tide Water Oil Co Ltd and equity matching DJI index in the same portfolio.

Tide Water Volatility Indicators

Tide Water Oil Co Ltd Current Risk Indicators

Also please take a look at World Market Map. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Search macroaxis.com