Veto Switchgears (India) Risk Analysis And Volatility

VETO -- India Stock  

INR 65.45  2.85  4.17%

Macroaxis considers Veto Switchgears to be unknown risk. Veto Switchgears owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.3121 which indicates the firm had -0.3121% of return per unit of risk over the last 2 months. Macroaxis philosophy towards 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. Veto Switchgears and Cables Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Veto Switchgears Risk Adjusted Performance of (0.34) and Coefficient Of Variation of (513.92) to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Veto Switchgears Market Sensitivity

As returns on market increase, returns on owning Veto Switchgears are expected to decrease at a much smaller rate. During bear market, Veto Switchgears is likely to outperform the market.
2 Months Beta |Analyze Veto Switchgears Demand Trend
Check current 30 days Veto Switchgears correlation with market (DOW)
β = -0.2982

Veto Switchgears Central Daily Price Deviation

Veto Switchgears Technical Analysis

Transformation
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Veto Switchgears Projected Return Density Against Market

Assuming 30 trading days horizon, Veto Switchgears and Cables Limited has beta of -0.2982 . This entails as returns on benchmark increase, returns on holding Veto Switchgears are expected to decrease at a much smaller rate. During bear market, however, Veto Switchgears and Cables Limited is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Veto Switchgears is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Veto Switchgears is -320.44. The daily returns are destributed with a variance of 3.34 and standard deviation of 1.83. The mean deviation of Veto Switchgears and Cables Limited is currently at 1.44. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.84
β
Beta against DOW=0.3
σ
Overall volatility
=1.83
Ir
Information ratio =0.21

Veto Switchgears Return Volatility

the enterprise accepts 1.8264% volatility on return distribution over the 30 days horizon. the entity inherits 1.8419% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Veto Switchgears Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Veto Switchgears Investment Opportunity

DOW has a standard deviation of returns of 1.84 and is 1.01 times more volatile than Veto Switchgears and Cables Limited. 16% of all equities and portfolios are less risky than Veto Switchgears. Compared to the overall equity markets, volatility of historical daily returns of Veto Switchgears and Cables Limited is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use Veto Switchgears and Cables Limited to protect your portfolios against small markets fluctuations. The stock experiences very speculative upward sentiment. Check odds of Veto Switchgears to be traded at 62.18 in 30 days. . As returns on market increase, returns on owning Veto Switchgears are expected to decrease at a much smaller rate. During bear market, Veto Switchgears is likely to outperform the market.

Veto Switchgears correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Veto Switchgears and Cables Li and equity matching DJI index in the same portfolio.

Veto Switchgears Volatility Indicators

Veto Switchgears and Cables Limited Current Risk Indicators

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