HESTER Stock Performance

HB
HESTERBIO-EQ -- India Stock  

INR 1,237  6.45  0.52%

HESTER BIOSCIENCES holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e. Beta) of 0.6993, which attests to possible diversification benefits within a given portfolio. Let's try to break down what HESTER's beta means in this case. As returns on the market increase, HESTER BIOSCIENCES returns are expected to increase less than the market. However, during the bear market, the loss on holding HESTER BIOSCIENCES will be expected to be smaller as well. Although it is essential to pay attention to HESTER BIOSCIENCES current price history, it is also good to be reasonable about what you can do with equity current price movements. Our way of determining 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 HESTER BIOSCIENCES expected return of 2.44 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 HESTER BIOSCIENCES variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to analyze future returns on HESTER BIOSCIENCES.

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1515

HESTER BIOSCIENCES Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in HESTER BIOSCIENCES are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, HESTER BIOSCIENCES sustained solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low1,200.00
Fifty Two Week High1,232.25

HESTER BIOSCIENCES Relative Risk vs. Return Landscape

If you would invest  99,980  in HESTER BIOSCIENCES on June 12, 2020 and sell it today you would earn a total of  23,705  from holding HESTER BIOSCIENCES or generate 23.71% return on investment over 30 days. HESTER BIOSCIENCES is generating 2.4431% of daily returns and assumes 10.9524% volatility on return distribution over the 30 days horizon. Simply put, 95% of equities are less volatile than HESTER BIOSCIENCES and 56% 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 trading days horizon, HESTER BIOSCIENCES is expected to generate 6.09 times more return on investment than the market. However, the company is 6.09 times more volatile than its market benchmark. It trades about 0.22 of its potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of risk.

HESTER BIOSCIENCES Market Risk Analysis

Sharpe Ratio = 0.2231
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HESTER BIOSCIENCES Stock Performance Indicators

Estimated Market Risk
 10.95
  actual daily
 
 95 %
of total potential
 
9595
Expected Return
 2.44
  actual daily
 
 44 %
of total potential
 
4444
Risk-Adjusted Return
 0.22
  actual daily
 
 15 %
of total potential
 
1515
Based on monthly moving average HESTER BIOSCIENCES is performing at about 15% 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 HESTER BIOSCIENCES by adding it to a well-diversified portfolio.

About HESTER BIOSCIENCES Performance

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

HESTER BIOSCIENCES Alerts

Equity Alerts and Improvement Suggestions

HESTER BIOSCIENCES is not yet fully synchronised with the market data
HESTER BIOSCIENCES appears to be very risky and stock price may revert if volatility continues
Please check Risk vs Return Analysis. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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