DECCAN Stock Performance

The firm owns a Beta (Systematic Risk) of 0.0, which denotes to the fact that the returns on MARKET and DECCAN CEMENTS are completely uncorrelated. Although it is extremely important to respect DECCAN CEMENTS LTD existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach to predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing DECCAN CEMENTS LTD technical indicators you can at this time evaluate if the expected return of 0.0% will be sustainable into the future. DECCAN CEMENTS LTD at this moment owns a risk of 0.0%. Please confirm DECCAN CEMENTS LTD Mean Deviation, Downside Deviation, Standard Deviation, as well as the relationship between Semi Deviation and Coefficient Of Variation to decide if DECCAN CEMENTS LTD will be following its current price history.

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DECCAN CEMENTS Risk-Adjusted Performance

Over the last 30 days DECCAN CEMENTS LTD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, DECCAN CEMENTS is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.

DECCAN CEMENTS Relative Risk vs. Return Landscape

If you would invest (100.00)  in DECCAN CEMENTS LTD on May 5, 2020 and sell it today you would earn a total of  100.00  from holding DECCAN CEMENTS LTD or generate -100.0% return on investment over 30 days. DECCAN CEMENTS LTD is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than DECCAN CEMENTS and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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DECCAN CEMENTS Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average DECCAN CEMENTS 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 DECCAN CEMENTS by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

DECCAN CEMENTS LTD is not yet fully synchronised with the market data
DECCAN CEMENTS LTD has some characteristics of a very speculative penny stock
Check out Trending Equities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page