WS Industries (India) Risk Analysis And Volatility

WSI -- India Stock  

INR 2.70  0.00  0.00%

Macroaxis considers WS Industries to be unknown risk. WS Industries retains Efficiency (Sharpe Ratio) of -0.4997 which attests that the company had -0.4997% of return per unit of price deviation over the last 2 months. Macroaxis approach 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. WS Industries exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out WS Industries Standard Deviation of 4.23 and Market Risk Adjusted Performance of 4.22 to validate risk estimate we provide.
Horizon     30 Days    Login   to change

WS Industries Market Sensitivity

As returns on market increase, returns on owning WS Industries are expected to decrease at a much smaller rate. During bear market, WS Industries is likely to outperform the market.
2 Months Beta |Analyze WS Industries Demand Trend
Check current 30 days WS Industries correlation with market (DOW)
β = -0.1992

WS Industries Central Daily Price Deviation

WS Industries Technical Analysis

Transformation
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WS Industries Projected Return Density Against Market

Assuming 30 trading days horizon, WS Industries has beta of -0.1992 . This means as returns on benchmark increase, returns on holding WS Industries are expected to decrease at a much smaller rate. During bear market, however, WS Industries 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. WS Industries is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of WS Industries is -200.1. The daily returns are destributed with a variance of 13.63 and standard deviation of 3.69. The mean deviation of WS Industries is currently at 2.77. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.82
β
Beta against DOW=0.2
σ
Overall volatility
=3.69
Ir
Information ratio =0.22

WS Industries Return Volatility

the enterprise assumes 3.6924% volatility of returns over the 30 days investment horizon. the entity inherits 1.896% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

WS Industries Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

WS Industries Investment Opportunity

WS Industries has a volatility of 3.69 and is 1.94 times more volatile than DOW. 33% of all equities and portfolios are less risky than WS Industries. Compared to the overall equity markets, volatility of historical daily returns of WS Industries is lower than 33 (%) of all global equities and portfolios over the last 30 days. Use WS Industries 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 WS Industries to be traded at 2.67 in 30 days. . As returns on market increase, returns on owning WS Industries are expected to decrease at a much smaller rate. During bear market, WS Industries is likely to outperform the market.

WS Industries correlation with market

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

WS Industries Volatility Indicators

WS Industries Current Risk Indicators

See also Your Current Watchlist. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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