Our philosophy towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Vedanta Resources plc which you can use to evaluate future volatility of the company. Please validate Vedanta Resources Risk Adjusted Performance of
(0.005337) and Coefficient Of Variation of (7,829) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
Vedanta Resources Market Sensitivity
|As returns on market increase, Vedanta Resources returns are expected to increase less than the market. However during bear market, the loss on holding Vedanta Resources will be expected to be smaller as well. 2 Months Beta |Analyze Vedanta Resources plc Demand TrendCheck current 30 days Vedanta Resources correlation with market (DOW)|
β = 0.1891
Vedanta Resources Central Daily Price Deviation
Vedanta Resources plc Technical Analysis
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Vedanta Resources Projected Return Density Against MarketAssuming 30 trading days horizon, Vedanta Resources has beta of 0.1891 . This entails as returns on market go up, Vedanta Resources average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Vedanta Resources plc will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Vedanta Resources plc is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.19|
Vedanta Resources Return Volatilitythe firm shows 0.0% volatility of returns over 30 trading days. the entity inherits 0.5769% risk (volatility on return distribution) over the 30 days horizon.
Vedanta Resources Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 9.223372036854776E16 times more volatile than Vedanta Resources plc. 0% of all equities and portfolios are less risky than Vedanta Resources. Compared to the overall equity markets, volatility of historical daily returns of Vedanta Resources plc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Vedanta Resources plc to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Vedanta Resources to be traded at 9.25 in 30 days. . As returns on market increase, Vedanta Resources returns are expected to increase less than the market. However during bear market, the loss on holding Vedanta Resources will be expected to be smaller as well.
Vedanta Resources correlation with market
Vedanta Resources Current Risk Indicators
|Risk Adjusted Performance||(0.005337)|
|Market Risk Adjusted Performance||(0.10)|
|Coefficient Of Variation||(7,829)|
Vedanta Resources Suggested Diversification Pairs