SOUTHERN Stock Performance

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SOUTLAT -- India Stock  

INR 9.69  0.00  0.00%

The entity has a beta of -0.0035, which indicates as returns on market increase, returns on owning SOUTHERN LATEX are expected to decrease at a much smaller rate. During bear market, SOUTHERN LATEX is likely to outperform the market. Even though it is essential to pay attention to SOUTHERN LATEX LTD current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SOUTHERN LATEX LTD exposes twenty-four different technical indicators, which can help you to evaluate its performance. SOUTHERN LATEX LTD has an expected return of -0.1163%. Please be advised to validate SOUTHERN LATEX Sortino Ratio, Downside Variance as well as the relationship between Downside Variance and Rate Of Daily Change to decide if SOUTHERN LATEX LTD stock performance from the past will be repeated at some future point.

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SOUTHERN LATEX Risk-Adjusted Performance

Over the last 30 days SOUTHERN LATEX LTD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's essential indicators remain unchanging and the late uproar on Wall Street may also be a sign of mid-term gains for the firm leadership.
Fifty Two Week Low9.79
Fifty Two Week High12.90

SOUTHERN LATEX Relative Risk vs. Return Landscape

If you would invest  1,020  in SOUTHERN LATEX LTD on May 2, 2020 and sell it today you would lose (51.00)  from holding SOUTHERN LATEX LTD or give up 5.0% of portfolio value over 30 days. SOUTHERN LATEX LTD is generating negative expected returns and assumes 0.7625% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than SOUTHERN LATEX and 99% 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, SOUTHERN LATEX is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 5.25 times less risky than the market. the firm trades about -0.15 of its potential returns per unit of risk. The DOW is currently generating roughly 0.01 of returns per unit of risk over similar time horizon.

SOUTHERN LATEX Market Risk Analysis

Sharpe Ratio = -0.1525
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SOUTHERN LATEX Stock Performance Indicators

Estimated Market Risk
 0.76
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 -0.12
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.15
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average SOUTHERN LATEX 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 SOUTHERN LATEX by adding it to a well-diversified portfolio.

SOUTHERN LATEX Alerts

Equity Alerts and Improvement Suggestions

SOUTHERN LATEX LTD generates negative expected return over the last 30 days
Additionally, take a look at World Market Map. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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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