WS Industries (India) Risk Analysis And Volatility Evaluation

WSI -- India Stock  

INR 3.45  0.05  1.43%

Our approach towards determining 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 WS Industries which you can use to evaluate future volatility of the organization. Please check out WS Industries Standard Deviation of 2.24 and Market Risk Adjusted Performance of 0.9936 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
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.
One Month Beta |Analyze WS Industries Demand Trend
Check current 30 days WS Industries correlation with market (DOW)
β = -0.5368

WS Industries Central Daily Price Deviation

WS Industries Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

WS Industries Projected Return Density Against Market

Assuming 30 trading days horizon, WS Industries has beta of -0.5368 . 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, WS Industries 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 
α
Alpha over DOW
=0.57
β
Beta against DOW=0.54
σ
Overall volatility
=0.00
Ir
Information ratio =0.2

WS Industries Return Volatility

WS Industries assumes 0.0% volatility of returns over the 30 days investment horizon. DOW inherits 1.1967% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

WS Industries Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

WS Industries Investment Opportunity

DOW has a standard deviation of returns of 1.2 and is 9.223372036854776E16 times more volatile than WS Industries. 0% 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 0 (%) of all global equities and portfolios over the last 30 days. Use WS Industries to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of WS Industries to be traded at 3.35 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
Very 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

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