Macroaxis considers VLS Finance to be unknown risk. VLS Finance Limited owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.3608 which indicates the firm had -0.3608% of return per unit of standard deviation 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. VLS Finance Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate VLS Finance Coefficient Of Variation of 839.85 and Risk Adjusted Performance of 0.1015 to confirm risk estimate we provide.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
VLS Finance Market Sensitivity
|As returns on market increase, returns on owning VLS Finance are expected to decrease at a much smaller rate. During bear market, VLS Finance is likely to outperform the market. 2 Months Beta |Analyze VLS Finance Limited Demand TrendCheck current 30 days VLS Finance correlation with market (DOW)|
β = -0.133
VLS Finance Central Daily Price Deviation
VLS Finance Limited Technical Analysis
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VLS Finance Projected Return Density Against MarketAssuming 30 trading days horizon, VLS Finance Limited has beta of -0.133 . This entails as returns on benchmark increase, returns on holding VLS Finance are expected to decrease at a much smaller rate. During bear market, however, VLS Finance Limited is likely to outperform the market. Moreover, The company has an alpha of 0.3615 implying that it can potentially generate 0.3615% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of VLS Finance is -277.19. The daily returns are destributed with a variance of 0.42 and standard deviation of 0.65. The mean deviation of VLS Finance Limited is currently at 0.49. For similar time horizon, the selected benchmark (DOW) has volatility of 0.79
|Alpha over DOW||=||0.36|
|Beta against DOW||=||0.13|
VLS Finance Return Volatilitythe company accepts 0.6517% volatility on return distribution over the 30 days horizon. the entity inherits 0.8035% risk (volatility on return distribution) over the 30 days horizon.
VLS Finance Investment Opportunity
DOW has a standard deviation of returns of 0.8 and is 1.23 times more volatile than VLS Finance Limited. 5% of all equities and portfolios are less risky than VLS Finance. Compared to the overall equity markets, volatility of historical daily returns of VLS Finance Limited is lower than 5 (%) of all global equities and portfolios over the last 30 days. Use VLS Finance Limited to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of VLS Finance to be traded at 64.13 in 30 days. . As returns on market increase, returns on owning VLS Finance are expected to decrease at a much smaller rate. During bear market, VLS Finance is likely to outperform the market.
VLS Finance correlation with market
VLS Finance Current Risk Indicators
|Risk Adjusted Performance||0.1015|
|Market Risk Adjusted Performance||(2.71)|
|Coefficient Of Variation||839.85|
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