Ucal Fuel (India) Risk Analysis And Volatility Evaluation

UCALFUEL -- India Stock  

INR 185.05  1.95  1.04%

Macroaxis considers Ucal Fuel unknown risk given 1 month investment horizon. Ucal Fuel Systems owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0793 which indicates Ucal Fuel Systems had 0.0793% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Ucal Fuel Systems Limited which you can use to evaluate future volatility of the company. Please operate Ucal Fuel Semi Deviation of 3.14, Coefficient Of Variation of 5283.51 and Risk Adjusted Performance of 0.0297 to confirm if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Ucal Fuel Market Sensitivity

As returns on market increase, returns on owning Ucal Fuel are expected to decrease at a much smaller rate. During bear market, Ucal Fuel is likely to outperform the market.
One Month Beta |Analyze Ucal Fuel Systems Demand Trend
Check current 30 days Ucal Fuel correlation with market (DOW)
β = -0.2853

Ucal Fuel Central Daily Price Deviation

Ucal Fuel Systems 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.

Ucal Fuel Projected Return Density Against Market

Assuming 30 trading days horizon, Ucal Fuel Systems Limited has beta of -0.2853 . This entails as returns on benchmark increase, returns on holding Ucal Fuel are expected to decrease at a much smaller rate. During bear market, however, Ucal Fuel Systems Limited is likely to outperform the market. Moreover, Ucal Fuel Systems Limited has an alpha of 0.0289 implying that it can potentially generate 0.0289% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Ucal Fuel is 1260.48. The daily returns are destributed with a variance of 6.5 and standard deviation of 2.55. The mean deviation of Ucal Fuel Systems Limited is currently at 1.74. For similar time horizon, the selected benchmark (DOW) has volatility of 1.24
α
Alpha over DOW
=0.0289
β
Beta against DOW=0.29
σ
Overall volatility
=2.55
Ir
Information ratio =0.0403

Ucal Fuel Return Volatility

Ucal Fuel Systems Limited accepts 2.549% volatility on return distribution over the 30 days horizon. DOW inherits 1.2989% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Ucal Fuel Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Ucal Fuel Investment Opportunity

Ucal Fuel Systems Limited has a volatility of 2.55 and is 1.96 times more volatile than DOW. 23% of all equities and portfolios are less risky than Ucal Fuel. Compared to the overall equity markets, volatility of historical daily returns of Ucal Fuel Systems Limited is lower than 23 (%) of all global equities and portfolios over the last 30 days. Use Ucal Fuel Systems Limited to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Ucal Fuel to be traded at 179.5 in 30 days. As returns on market increase, returns on owning Ucal Fuel are expected to decrease at a much smaller rate. During bear market, Ucal Fuel is likely to outperform the market.

Ucal Fuel correlation with market

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

Ucal Fuel Volatility Indicators

Ucal Fuel Systems Limited Current Risk Indicators

Also please take a look at World Market Map. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
Search macroaxis.com