NITTA Stock Performance

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NITTAGELA -- India Stock  

INR 109.60  2.80  2.49%

On a scale of 0 to 100, NITTA GELATIN holds a performance score of 5. The company secures a Beta (Market Risk) of -0.3316, which conveys possible diversification benefits within a given portfolio. Let's try to break down what NITTA's beta means in this case. As returns on the market increase, returns on owning NITTA GELATIN are expected to decrease at a much lower rate. During the bear market, NITTA GELATIN is likely to outperform the market. Although it is vital to follow to NITTA GELATIN INDIA price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. The approach into estimating 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 inspecting NITTA GELATIN INDIA technical indicators, you can now evaluate if the expected return of 0.33% will be sustainable into the future. Please exercises NITTA GELATIN INDIA information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to make a quick decision on whether NITTA GELATIN INDIA current price movements will revert.

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NITTA GELATIN Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in NITTA GELATIN INDIA are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days. In spite of rather weak fundamental drivers, NITTA GELATIN exhibited solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low72.30
Fifty Two Week High154.00
Payout Ratio9.10%
Trailing Annual Dividend Yield1.31%

NITTA GELATIN Relative Risk vs. Return Landscape

If you would invest  9,600  in NITTA GELATIN INDIA on June 3, 2020 and sell it today you would earn a total of  1,360  from holding NITTA GELATIN INDIA or generate 14.17% return on investment over 30 days. NITTA GELATIN INDIA is generating 0.3305% of daily returns and assumes 4.2099% volatility on return distribution over the 30 days horizon. Simply put, 36% of equities are less volatile than NITTA GELATIN and 94% 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, NITTA GELATIN is expected to generate 2.28 times more return on investment than the market. However, the company is 2.28 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk.

NITTA GELATIN Market Risk Analysis

Sharpe Ratio = 0.0785
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NITTA GELATIN Stock Performance Indicators

Estimated Market Risk
 4.21
  actual daily
 
 36 %
of total potential
 
3636
Expected Return
 0.33
  actual daily
 
 6 %
of total potential
 
66
Risk-Adjusted Return
 0.08
  actual daily
 
 5 %
of total potential
 
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Based on monthly moving average NITTA GELATIN is performing at about 5% 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 NITTA GELATIN by adding it to a well-diversified portfolio.

About NITTA GELATIN Performance

To evaluate NITTA GELATIN INDIA Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when NITTA GELATIN 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 NITTA'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 NITTA GELATIN INDIA 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 NITTA'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.
Nitta Gelatin India Limited manufactures and sells gelatin, ossein, dicalcium phosphate , and collagen peptides in India. Nitta Gelatin India Limited was incorporated in 1975 and is based in Kochi, India. NITTA GELATIN operates under Specialty Chemicals classification in India and is traded on Bombay Stock Exchange.

NITTA GELATIN Alerts

Equity Alerts and Improvement Suggestions

NITTA GELATIN INDIA has very high historical volatility over the last 30 days
About 76.0% of the company outstanding shares are owned by corporate insiders

NITTA GELATIN Dividends

NITTA GELATIN INDIA Dividends Analysis

Check NITTA GELATIN INDIA dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends  
Additionally, see Stocks Correlation. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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