SOUTHERN Stock Performance

514454 -- India Stock  

INR 8.03  0.00  0.00%

The entity has a beta of -0.0737, which indicates not very significant fluctuations relative to the market. Let's try to break down what SOUTHERN's beta means in this case. As returns on the market increase, returns on owning SOUTHERN LATEX are expected to decrease at a much lower rate. During the bear market, SOUTHERN LATEX is likely to outperform the market. Even though it is essential to pay attention to SOUTHERN LATEX LTD current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SOUTHERN LATEX LTD exposes twenty-one different technical indicators, which can help you to evaluate its performance. SOUTHERN LATEX LTD has an expected return of -2.5613%. Please be advised to validate SOUTHERN LATEX jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if SOUTHERN LATEX LTD stock performance from the past will be repeated at some future point.

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SOUTHERN LATEX Risk-Adjusted Performance

Over the last 30 days SOUTHERN LATEX LTD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's technical indicators remain somewhat strong which may send shares a bit higher in August 2020. The current disturbance may also be a sign of long term up-swing for the company investors.
Fifty Two Week Low9.21
Fifty Two Week High9.21

SOUTHERN LATEX Relative Risk vs. Return Landscape

If you would invest  969.00  in SOUTHERN LATEX LTD on June 14, 2020 and sell it today you would lose (166.00)  from holding SOUTHERN LATEX LTD or give up 17.13% of portfolio value over 30 days. SOUTHERN LATEX LTD is generating negative expected returns and assumes 4.3949% volatility on return distribution over the 30 days horizon. Simply put, 38% of equities are less volatile than SOUTHERN LATEX 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 the 30-days trading horizon, SOUTHERN LATEX is expected to under-perform the market. In addition to that, the company is 2.44 times more volatile than its market benchmark. It trades about -0.58 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of volatility.

SOUTHERN LATEX Market Risk Analysis

Sharpe Ratio = -0.5828
Good Returns
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SOUTHERN LATEX Stock Performance Indicators

Estimated Market Risk
  actual daily
 38 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average SOUTHERN LATEX 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 SOUTHERN LATEX by adding it to a well-diversified portfolio.

About SOUTHERN LATEX Performance

To evaluate SOUTHERN LATEX LTD Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SOUTHERN LATEX generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SOUTHERN's stock performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SOUTHERN LATEX LTD stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents SOUTHERN's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section. Please also refer to our technical analysis and fundamental analysis pages.


Equity Alerts and Improvement Suggestions

SOUTHERN LATEX LTD is not yet fully synchronised with the market data
SOUTHERN LATEX LTD generates negative expected return over the last 30 days
SOUTHERN LATEX LTD has high historical volatility and very poor performance
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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