532351 Stock Performance

AO
532351 -- India Stock  

INR 6.73  0.02  0.30%

AKSH OPTIFIBRE holds a performance score of 26 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.5158, which signifies somewhat significant risk relative to the market. Let's try to break down what 532351's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AKSH OPTIFIBRE will likely underperform. Although it is essential to pay attention to AKSH OPTIFIBRE LTD 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 AKSH OPTIFIBRE LTD expected return of 6.64 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 AKSH OPTIFIBRE standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to analyze future returns on AKSH OPTIFIBRE.

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AKSH OPTIFIBRE Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in AKSH OPTIFIBRE LTD are ranked lower than 26 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, AKSH OPTIFIBRE sustained solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low6.32
Fifty Two Week High34.00

AKSH OPTIFIBRE Relative Risk vs. Return Landscape

If you would invest  372.00  in AKSH OPTIFIBRE LTD on June 4, 2020 and sell it today you would earn a total of  301.00  from holding AKSH OPTIFIBRE LTD or generate 80.91% return on investment over 30 days. AKSH OPTIFIBRE LTD is generating 6.6371% of daily returns and assumes 17.368% volatility on return distribution over the 30 days horizon. Simply put, majority of traded equity instruments are less risky than AKSH OPTIFIBRE 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, AKSH OPTIFIBRE is expected to generate 9.48 times more return on investment than the market. However, the company is 9.48 times more volatile than its market benchmark. It trades about 0.38 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk.

AKSH OPTIFIBRE Market Risk Analysis

Sharpe Ratio = 0.3821
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AKSH OPTIFIBRE Stock Performance Indicators

Estimated Market Risk
 17.37
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 5.45
  actual daily
 
 96 %
of total potential
 
9696
Risk-Adjusted Return
 0.38
  actual daily
 
 26 %
of total potential
 
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Based on monthly moving average AKSH OPTIFIBRE is performing at about 26% 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 AKSH OPTIFIBRE by adding it to a well-diversified portfolio.

About AKSH OPTIFIBRE Performance

To evaluate AKSH OPTIFIBRE LTD Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when AKSH OPTIFIBRE 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 532351'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 AKSH OPTIFIBRE 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 532351'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.

AKSH OPTIFIBRE Alerts

Equity Alerts and Improvement Suggestions

AKSH OPTIFIBRE LTD is not yet fully synchronised with the market data
AKSH OPTIFIBRE LTD appears to be very risky and stock price may revert if volatility continues
Please continue to Trending Equities. Please also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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