|UNIABEXAL -- India Stock|| |
INR 484.20 24.30 0.05%
The entity has beta of 0.4027 which indicates as returns on market increase, Uni Abex returns are expected to increase less than the market. However during bear market, the loss on holding Uni Abex will be expected to be smaller as well. Even though it is essential to pay attention to Uni Abex Alloy
current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Uni Abex Alloy Products Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Uni Abex Alloy
has expected return of -0.0441%. Please be advised to validate Uni Abex Maximum Drawdown
, Semi Variance
and the relationship
between Jensen Alpha
and Potential Upside
to decide if Uni Abex Alloy
past performance will be repeated at some point in the near future.
Uni Abex Alloy Relative Risk vs. Return Landscape
If you would invest 49,300
in Uni Abex Alloy Products Ltd on December 21, 2018
and sell it today you would lose (880.00)
from holding Uni Abex Alloy Products Ltd or give up 1.78%
of portfolio value over 30
days. Uni Abex Alloy Products Ltd is generating negative expected returns and assumes 2.9522% volatility on return distribution over the 30 days horizon. Simply put, 26% of equities are less volatile than Uni Abex and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Uni Abex is expected to under-perform the market. In addition to that, the company is 1.48 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.02 per unit of volatility.
Uni Abex Market Risk Analysis
Sharpe Ratio = -0.015
Uni Abex Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Uni Abex 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 Uni Abex
by adding it to a well-diversified
Over the last 30 days Uni Abex Alloy Products Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
|Uni Abex Alloy is not yet fully synchronised with the market data|
|Uni Abex Alloy generates negative expected return over the last 30 days|
|Uni Abex Alloy has accumulated 245.4 Million in debt which can lead to volatile earnings|
|The company has accumulated 245.4M in total debt with debt to equity ratio (D/E) of 70.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Uni Abex Alloy has Current Ratio of 0.95 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. |
|Fifty Two Week Low||391.00|
|Fifty Two Week High||680.00|
|Trailing Annual Dividend Yield||0.31%|
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