SHIVA Stock Performance

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The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. Let's try to break down what SHIVA's beta means in this case. the returns on MARKET and SHIVA TEXYARN are completely uncorrelated. Although it is extremely important to respect SHIVA TEXYARN LTD current price movements, it is better to be realistic regarding the information on equity historical returns. The approach towards measuring 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 examining SHIVA TEXYARN LTD technical indicators, you can now evaluate if the expected return of 0.0% will be sustainable into the future. SHIVA TEXYARN LTD currently has a risk of 0.0%. Please validate SHIVA TEXYARN jensen alpha, as well as the relationship between the potential upside and skewness to decide if SHIVA TEXYARN will be following its existing price patterns.

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SHIVA TEXYARN Risk-Adjusted Performance

Over the last 30 days SHIVA TEXYARN LTD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, SHIVA TEXYARN is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.
Fifty Two Week Low103.00
Fifty Two Week High358.95

SHIVA TEXYARN Relative Risk vs. Return Landscape

If you would invest (100.00)  in SHIVA TEXYARN LTD on June 7, 2020 and sell it today you would earn a total of  100.00  from holding SHIVA TEXYARN LTD or generate -100.0% return on investment over 30 days. SHIVA TEXYARN LTD 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 SHIVA TEXYARN and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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SHIVA TEXYARN Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average SHIVA TEXYARN 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 SHIVA TEXYARN by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

SHIVA TEXYARN LTD is not yet fully synchronised with the market data
SHIVA TEXYARN LTD has some characteristics of a very speculative penny stock
SHIVA TEXYARN LTD has high likelihood to experience some financial distress in the next 2 years
SHIVA TEXYARN LTD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 1.82 B in total debt with debt to equity ratio (D/E) of 99.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SHIVA TEXYARN LTD has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Check out World Market Map. Please also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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