Union Bank (India) Risk Analysis And Volatility Evaluation

UNIONBANK -- India Stock  

INR 81.80  2.40  3.02%

Union Bank is unknown risk given 1 month investment horizon. Union Bank of owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.3385 which indicates Union Bank of had 0.3385% of return per unit of risk over the last 1 month. Our philosophy towards measuring risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.2939% are justified by taking the suggested risk. Use Union Bank of Semi Deviation of 1.73, Coefficient Of Variation of 406.23 and Risk Adjusted Performance of 0.3125 to evaluate company specific risk that cannot be diversified away.
Horizon     30 Days    Login   to change

Union Bank Market Sensitivity

As returns on market increase, Union Bank returns are expected to increase less than the market. However during bear market, the loss on holding Union Bank will be expected to be smaller as well.
One Month Beta |Analyze Union Bank of Demand Trend
Check current 30 days Union Bank correlation with market (DOW)
β = 0.3838
Union Bank Central Price Deviations

Union Bank of Technical Analysis

Transformation
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Union Bank Projected Return Density Against Market

Assuming 30 trading days horizon, Union Bank has beta of 0.3838 . This entails as returns on market go up, Union Bank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Union Bank of India will be expected to be much smaller as well. Moreover, Union Bank of India has an alpha of 0.9204 implying that it can potentially generate 0.9204% 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 Union Bank is 295.39. The daily returns are destributed with a variance of 14.61 and standard deviation of 3.82. The mean deviation of Union Bank of India is currently at 3.0. For similar time horizon, the selected benchmark (DOW) has volatility of 1.24
α
Alpha over DOW
=0.92
β
Beta against DOW=0.38
σ
Overall volatility
=3.82
Ir
Information ratio =0.25

Union Bank Return Volatility

Union Bank of India accepts 3.8219% volatility on return distribution over the 30 days horizon. DOW inherits 1.2425% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Union Bank Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Union Bank Investment Opportunity

Union Bank of India has a volatility of 3.82 and is 3.08 times more volatile than DOW. 34% of all equities and portfolios are less risky than Union Bank. Compared to the overall equity markets, volatility of historical daily returns of Union Bank of India is lower than 34 (%) of all global equities and portfolios over the last 30 days. Use Union Bank of India to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Union Bank to be traded at 98.16 in 30 days. As returns on market increase, Union Bank returns are expected to increase less than the market. However during bear market, the loss on holding Union Bank will be expected to be smaller as well.

Union Bank correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Union Bank of India and equity matching DJI index in the same portfolio.

Union Bank Volatility Indicators

Union Bank of India Current Risk Indicators

Also please take a look at World Market Map. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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