TNPETRO6 (India) Performance

The entity has beta of 0.0 which indicates the returns on MARKET and TNPETRO6 are completely uncorrelated. Although it is extremely important to respect TNPETRO6 BO 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 evaluating TNPETRO6 BO technical indicators you can currently evaluate if the expected return of 0.0% will be sustainable into the future. TNPETRO6 BO presently has a risk of 0.0%. Please validate TNPETRO6 Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if TNPETRO6 will be following its existing price patterns.
Horizon     30 Days    Login   to change

TNPETRO6 BO Relative Risk vs. Return Landscape

If you would invest  0.00  in TNPETRO6 BO on January 18, 2019 and sell it today you would earn a total of  0.00  from holding TNPETRO6 BO or generate 0.0% return on investment over 30 days. TNPETRO6 BO is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than TNPETRO6 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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TNPETRO6 Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
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Based on monthly moving average TNPETRO6 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 TNPETRO6 by adding it to a well-diversified portfolio.

TNPETRO6 Performance Rating

TNPETRO6 BO Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days TNPETRO6 BO has generated negative risk-adjusted returns adding no value to investors with long positions.


Equity Alerts and Improvement Suggestions

TNPETRO6 BO is not yet fully synchronised with the market data
TNPETRO6 BO has some characteristics of a very speculative penny stock
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