Zenith Birla (India) Performance

ZENITHBIR -- India Stock  

INR 0.68  0.02  2.86%

Macroaxis gives Zenith Birla performance score of 0 on a scale of 0 to 100. The firm maintains market beta of -0.608 which attests that as returns on market increase, returns on owning Zenith Birla are expected to decrease at a much smaller rate. During bear market, Zenith Birla is likely to outperform the market.. Even though it is essential to pay attention to Zenith Birla Limited historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Zenith Birla Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Zenith Birla Limited has expected return of -0.0359%. Please be advised to check out Zenith Birla Limited Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Zenith Birla Limited past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Zenith Birla Limited Relative Risk vs. Return Landscape

If you would invest  69.00  in Zenith Birla Limited on August 27, 2018 and sell it today you would lose (1.00)  from holding Zenith Birla Limited or give up 1.45% of portfolio value over 30 days. Zenith Birla Limited is generating negative expected returns and assumes 3.2294% volatility on return distribution over the 30 days horizon. Simply put, 29% of equities are less volatile than Zenith Birla Limited and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Zenith Birla Limited is expected to under-perform the market. In addition to that, the company is 7.26 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.15 per unit of volatility.

Zenith Birla Market Risk Analysis

Sharpe Ratio = -0.0111
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsZENITHBIR

Zenith Birla Relative Performance Indicators

Estimated Market Risk
 3.23
  actual daily
 
 71 %
of total potential
  
Expected Return
 -0.04
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.01
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Zenith Birla is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zenith Birla by adding it to a well-diversified portfolio.

Zenith Birla Performance Rating

Zenith Birla Limited Risk Adjusted Performance Analysis

0 

Risk-Adjusted Performance

Over the last 30 days Zenith Birla Limited has generated negative risk-adjusted returns adding no value to investors with long positions.

Zenith Birla Alerts

Equity Alerts and Improvement Suggestions

Zenith Birla Limited generates negative expected return over the last 30 days
Zenith Birla Limited has some characteristics of a very speculative penny stock
Zenith Birla Limited has high historical volatility and very poor performance
Zenith Birla Limited has high likelihood to experience some financial distress in the next 2 years
Zenith Birla Limited has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 693.12 M in total debt with debt to equity ratio (D/E) of 100.7 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Zenith Birla Limited has Current Ratio of 0.56 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
This company reported revenue of 1.7 B. Net Loss for the year was (396.3 M) with profit before overhead, payroll, taxes, and interest of 230.6 M.

Zenith Birla Performance Indicators

Zenith Birla Limited Basic Price Performance Measures

Quick Ratio0.44
Fifty Two Week Low0.49
Fifty Two Week High2.69
Payout Ratio0.00%
See also Your Current Watchlist. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
Search macroaxis.com