NOVARTIS Stock Performance

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NOVARTIND -- India Stock  

INR 573.25  4.95  0.87%

On a scale of 0 to 100 NOVARTIS INDIA holds performance score of 3. The company secures a Beta (Market Risk) of -0.0356, which conveys that as returns on market increase, returns on owning NOVARTIS INDIA are expected to decrease at a much smaller rate. During bear market, NOVARTIS INDIA is likely to outperform the market. Although it is extremely important to respect NOVARTIS INDIA LTD price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards 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 reviewing NOVARTIS INDIA LTD technical indicators you can currently evaluate if the expected return of 0.2134% will be sustainable into the future. Please exercises NOVARTIS INDIA LTD Jensen Alpha and Downside Variance to make a quick decision on weather NOVARTIS INDIA LTD current price movements will revert.

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NOVARTIS INDIA Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in NOVARTIS INDIA LTD are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days. Despite nearly conflicting fundamental indicators, NOVARTIS INDIA layed out solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low420.05
Target High Price745.00
Fifty Two Week High780.00
Payout Ratio108.11%
Trailing Annual Dividend Yield1.80%
Target Low Price745.00

NOVARTIS INDIA Relative Risk vs. Return Landscape

If you would invest  53,440  in NOVARTIS INDIA LTD on May 2, 2020 and sell it today you would earn a total of  3,885  from holding NOVARTIS INDIA LTD or generate 7.27% return on investment over 30 days. NOVARTIS INDIA LTD is generating 0.2134% of daily returns and assumes 3.7825% volatility on return distribution over the 30 days horizon. Simply put, 33% of equities are less volatile than NOVARTIS INDIA and 96% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, NOVARTIS INDIA is expected to generate 0.94 times more return on investment than the market. However, the company is 1.06 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.01 per unit of risk.

NOVARTIS INDIA Market Risk Analysis

Sharpe Ratio = 0.0564
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NOVARTIS INDIA Stock Performance Indicators

Estimated Market Risk
 3.78
  actual daily
 
 33 %
of total potential
 
3333
Expected Return
 0.21
  actual daily
 
 3 %
of total potential
 
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Risk-Adjusted Return
 0.06
  actual daily
 
 3 %
of total potential
 
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Based on monthly moving average NOVARTIS INDIA is performing at about 3% 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 NOVARTIS INDIA by adding it to a well-diversified portfolio.

NOVARTIS INDIA Alerts

Equity Alerts and Improvement Suggestions

NOVARTIS INDIA LTD has very high historical volatility over the last 30 days
N/A has accumulated about 6.49 B in cash with (283.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 262.92.

NOVARTIS INDIA Dividends

NOVARTIS INDIA LTD Dividends Analysis

Check NOVARTIS INDIA LTD 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 Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
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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