Veto Switchgears (India) Risk Analysis And Volatility Evaluation

VETO -- India Stock  

INR 92.50  5.35  5.47%

Macroaxis considers Veto Switchgears to be unknown risk. Veto Switchgears owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0856 which indicates Veto Switchgears had -0.0856% of return per unit of risk over the last 1 month. 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 Coefficient Of Variation of 982.31 and Risk Adjusted Performance of 0.12 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Veto Switchgears Market Sensitivity

Veto Switchgears returns are very sensitive to returns on the market. As market goes up or down, Veto Switchgears is expected to follow.
One Month Beta |Analyze Veto Switchgears Demand Trend
Check current 30 days Veto Switchgears correlation with market (DOW)
β = 1.0848

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, the stock has beta coefficient of 1.0848 . This entails Veto Switchgears and Cables Limited market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Veto Switchgears is expected to follow. Additionally, Veto Switchgears and Cables Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Veto Switchgears is -1167.86. The daily returns are destributed with a variance of 10.74 and standard deviation of 3.28. The mean deviation of Veto Switchgears and Cables Limited is currently at 2.16. For similar time horizon, the selected benchmark (DOW) has volatility of 1.24
α
Alpha over DOW
=0.64
β
Beta against DOW=1.08
σ
Overall volatility
=3.28
Ir
Information ratio =0.09

Veto Switchgears Return Volatility

Veto Switchgears and Cables Limited accepts 3.2777% 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

Veto Switchgears Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Veto Switchgears Investment Opportunity

Veto Switchgears and Cables Limited has a volatility of 3.28 and is 2.52 times more volatile than DOW. 29% 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 29 (%) of all global equities and portfolios over the last 30 days. Use Veto Switchgears and Cables Limited to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of Veto Switchgears to be traded at 87.88 in 30 days. Veto Switchgears returns are very sensitive to returns on the market. As market goes up or down, Veto Switchgears is expected to follow.

Veto Switchgears correlation with market

correlation synergy
Average 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

Also please take a look at World Market Map. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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