BIRLA Stock Performance

BP
522105 -- India Stock  

INR 6.52  0.48  6.86%

BIRLA PRECISION holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.2417, which signifies not very significant fluctuations relative to the market. Let's try to break down what BIRLA's beta means in this case. As returns on the market increase, returns on owning BIRLA PRECISION are expected to decrease at a much lower rate. During the bear market, BIRLA PRECISION is likely to outperform the market. Although it is essential to pay attention to BIRLA PRECISION TECH historical returns, it is also good to be reasonable about what you can do with equity current trending patterns. Our philosophy towards foreseeing future potential of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if BIRLA PRECISION TECHNOLOGIES expected return of 3.58 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use BIRLA PRECISION variance, jensen alpha, and the relationship between the standard deviation and information ratio to analyze future returns on BIRLA PRECISION.

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1616

BIRLA PRECISION Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BIRLA PRECISION TECHNOLOGIES are ranked lower than 16 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, BIRLA PRECISION sustained solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low6.48
Fifty Two Week High7.04

BIRLA PRECISION Relative Risk vs. Return Landscape

If you would invest  538.00  in BIRLA PRECISION TECHNOLOGIES on June 13, 2020 and sell it today you would earn a total of  114.00  from holding BIRLA PRECISION TECHNOLOGIES or generate 21.19% return on investment over 30 days. BIRLA PRECISION TECHNOLOGIES is generating 3.5762% of daily returns and assumes 14.5439% volatility on return distribution over the 30 days horizon. Simply put, majority of traded equity instruments are less risky than BIRLA PRECISION on the bases of their historical return distribution and most equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 30 trading days horizon, BIRLA PRECISION is expected to generate 8.12 times more return on investment than the market. However, the company is 8.12 times more volatile than its market benchmark. It trades about 0.25 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

BIRLA PRECISION Market Risk Analysis

Sharpe Ratio = 0.2459
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BIRLA PRECISION Stock Performance Indicators

Estimated Market Risk
 14.54
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 3.58
  actual daily
 
 65 %
of total potential
 
6565
Risk-Adjusted Return
 0.25
  actual daily
 
 16 %
of total potential
 
1616
Based on monthly moving average BIRLA PRECISION is performing at about 16% 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 BIRLA PRECISION by adding it to a well-diversified portfolio.

About BIRLA PRECISION Performance

To evaluate BIRLA PRECISION TECH Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when BIRLA PRECISION 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 BIRLA'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 BIRLA PRECISION TECH 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 BIRLA'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.

BIRLA PRECISION Alerts

Equity Alerts and Improvement Suggestions

BIRLA PRECISION TECH is not yet fully synchronised with the market data
BIRLA PRECISION TECH appears to be very risky and stock price may revert if volatility continues
Please continue to Trending Equities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
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