Zenith Healthcare (India) Performance

ZENITHHE -- India Stock  

INR 1.47  0.07  4.55%

Macroaxis gives Zenith Healthcare performance score of 0 on a scale of 0 to 100. The firm maintains market beta of -0.2042 which attests that as returns on market increase, returns on owning Zenith Healthcare are expected to decrease at a much smaller rate. During bear market, Zenith Healthcare is likely to outperform the market.. Even though it is essential to pay attention to Zenith Healthcare 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 Healthcare exposes twenty-one different technical indicators which can help you to evaluate its performance. Zenith Healthcare has expected return of -2.3649%. Please be advised to check out Zenith Healthcare Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Zenith Healthcare past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Zenith Healthcare Relative Risk vs. Return Landscape

If you would invest  170.00  in Zenith Healthcare Ltd on October 18, 2018 and sell it today you would lose (23.00)  from holding Zenith Healthcare Ltd or give up 13.53% of portfolio value over 30 days. Zenith Healthcare Ltd is generating negative expected returns and assumes 2.5937% volatility on return distribution over the 30 days horizon. Simply put, 23% of equities are less volatile than Zenith Healthcare Ltd 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 Healthcare Ltd is expected to under-perform the market. In addition to that, the company is 2.22 times more volatile than its market benchmark. It trades about -0.91 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.01 per unit of volatility.

Zenith Healthcare Market Risk Analysis

Sharpe Ratio = -0.9118
Good Returns
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Negative ReturnsZENITHHE

Zenith Healthcare Relative Performance Indicators

Estimated Market Risk
  actual daily
 77 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average Zenith Healthcare 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 Healthcare by adding it to a well-diversified portfolio.

Zenith Healthcare Performance Rating

Zenith Healthcare Ltd Risk Adjusted Performance Analysis


Risk-Adjusted Performance

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

Zenith Healthcare Alerts

Equity Alerts and Improvement Suggestions

Zenith Healthcare is not yet fully synchronised with the market data
Zenith Healthcare generates negative expected return over the last 30 days
Zenith Healthcare may become a speculative penny stock
Zenith Healthcare has high likelihood to experience some financial distress in the next 2 years

Zenith Healthcare Performance Indicators

Zenith Healthcare Basic Price Performance Measures

Fifty Two Week Low0.38
Fifty Two Week High2.40
Payout Ratio0.00%
See also Your Current Watchlist. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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