Welspun Investments (India) Risk Analysis And Volatility

WELINV -- India Stock  

INR 135.00  0.00  0.00%

Macroaxis considers Welspun Investments to be unknown risk. Welspun Investments and shows Sharpe Ratio of -0.1101 which attests that the company had -0.1101% of return per unit of risk over the last 2 months. Macroaxis philosophy towards determining 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. Welspun Investments and exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Welspun Investments and Mean Deviation of 1.14, Downside Deviation of 3.12 and Market Risk Adjusted Performance of 0.3313 to validate risk estimate we provide.
Horizon     30 Days    Login   to change

Welspun Investments Market Sensitivity

As returns on market increase, Welspun Investments returns are expected to increase less than the market. However during bear market, the loss on holding Welspun Investments will be expected to be smaller as well.
2 Months Beta |Analyze Welspun Investments and Demand Trend
Check current 30 days Welspun Investments correlation with market (DOW)
β = 0.0197

Welspun Investments Central Daily Price Deviation

Welspun Investments and Technical Analysis

Transformation
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Welspun Investments Projected Return Density Against Market

Assuming 30 trading days horizon, Welspun Investments has beta of 0.0197 . This means as returns on market go up, Welspun Investments average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Welspun Investments and Commercials Limited will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0016 implying that it can potentially generate 0.0016% 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 Welspun Investments is -907.94. The daily returns are destributed with a variance of 7.46 and standard deviation of 2.73. The mean deviation of Welspun Investments and Commercials Limited is currently at 1.76. For similar time horizon, the selected benchmark (DOW) has volatility of 1.74
α
Alpha over DOW
=0.0016
β
Beta against DOW=0.0197
σ
Overall volatility
=2.73
Ir
Information ratio =0.1

Welspun Investments Return Volatility

the company accepts 2.7312% volatility on return distribution over the 30 days horizon. the entity inherits 1.6367% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Welspun Investments Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Welspun Investments Investment Opportunity

Welspun Investments and Commercials Limited has a volatility of 2.73 and is 1.66 times more volatile than DOW. 24% of all equities and portfolios are less risky than Welspun Investments. Compared to the overall equity markets, volatility of historical daily returns of Welspun Investments and Commercials Limited is lower than 24 (%) of all global equities and portfolios over the last 30 days. Use Welspun Investments and Commercials Limited 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 Welspun Investments to be traded at 133.65 in 30 days. . As returns on market increase, Welspun Investments returns are expected to increase less than the market. However during bear market, the loss on holding Welspun Investments will be expected to be smaller as well.

Welspun Investments correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Welspun Investments and Commer and equity matching DJI index in the same portfolio.

Welspun Investments Volatility Indicators

Welspun Investments and Commercials Limited Current Risk Indicators

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