PATEL Stock Performance

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The firm holds a Beta of 0.0, which implies not very significant volatility relative to the market. Let's try to break down what PATEL's beta means in this case. the returns on MARKET and PATEL ENGINEERING are completely uncorrelated. Although it is extremely important to respect PATEL ENGINEERING current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The approach into forecasting 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 PATEL ENGINEERING technical indicators, you can now evaluate if the expected return of 0.0% will be sustainable into the future. PATEL ENGINEERING currently holds a risk of 0.0%. Please check PATEL ENGINEERING jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if PATEL ENGINEERING will be following its historical price patterns.

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PATEL ENGINEERING Risk-Adjusted Performance

Over the last 30 days PATEL ENGINEERING has generated negative risk-adjusted returns adding no value to investors with long positions. Allthough quite persistent forward indicators, PATEL ENGINEERING is not utilizing all of its potentials. The current stock price mess, may contribute to short term losses for the institutional investors.
Quick Ratio0.09
Fifty Two Week High56.45

PATEL ENGINEERING Relative Risk vs. Return Landscape

If you would invest (100.00)  in PATEL ENGINEERING on June 5, 2020 and sell it today you would earn a total of  100.00  from holding PATEL ENGINEERING or generate -100.0% return on investment over 30 days. PATEL ENGINEERING is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than PATEL ENGINEERING and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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PATEL ENGINEERING Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average PATEL ENGINEERING is performing at about 0% 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 PATEL ENGINEERING by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

PATEL ENGINEERING is not yet fully synchronised with the market data
PATEL ENGINEERING has some characteristics of a very speculative penny stock
PATEL ENGINEERING has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Check out Your Equity Center. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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