T T (India) Risk Analysis And Volatility

TTL -- India Stock  

INR 60.40  4.00  6.21%

Macroaxis considers T T to be unknown risk. T T Limited owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1244 which indicates the company had -0.1244% of return per unit of standard deviation over the last 2 months. Macroaxis way of 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. T T Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate T T Market Risk Adjusted Performance of (0.33) and Risk Adjusted Performance of (0.06) to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

T T Market Sensitivity

As returns on market increase, T T returns are expected to increase less than the market. However during bear market, the loss on holding T T will be expected to be smaller as well.
2 Months Beta |Analyze T T Limited Demand Trend
Check current 30 days T T correlation with market (DOW)
β = 0.2899

T T Central Daily Price Deviation

T T Limited 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.

T T Projected Return Density Against Market

Assuming 30 trading days horizon, T T has beta of 0.2899 . This entails as returns on market go up, T T average returns are expected to increase less than the benchmark. However during bear market, the loss on holding T T Limited will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. T T Limited is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of T T is -803.82. The daily returns are destributed with a variance of 4.96 and standard deviation of 2.23. The mean deviation of T T Limited is currently at 1.46. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.12
β
Beta against DOW=0.29
σ
Overall volatility
=2.23
Ir
Information ratio =0.06

T T Return Volatility

the enterprise assumes 2.227% volatility of returns over the 30 days investment horizon. the entity inherits 1.9214% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

T T Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

T T Investment Opportunity

T T Limited has a volatility of 2.23 and is 1.16 times more volatile than DOW. 20% of all equities and portfolios are less risky than T T. Compared to the overall equity markets, volatility of historical daily returns of T T Limited is lower than 20 (%) of all global equities and portfolios over the last 30 days. Use T T Limited to protect your portfolios against small markets fluctuations. The stock experiences very speculative upward sentiment. Check odds of T T to be traded at 57.38 in 30 days. . As returns on market increase, T T returns are expected to increase less than the market. However during bear market, the loss on holding T T will be expected to be smaller as well.

T T correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding T T Limited and equity matching DJI index in the same portfolio.

T T Volatility Indicators

T T Limited Current Risk Indicators

Also please take a look at World Market Map. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Search macroaxis.com