OMKAR Volatility

OO
531496 -- India Stock  

INR 0.84  0.00  0.00%

OMKAR OVERSEAS is out of control given 3 months investment horizon. OMKAR OVERSEAS LTD maintains Sharpe Ratio (i.e. Efficiency) of 0.0799, which implies the corporation had 0.0799% of return per unit of volatility over the last 3 months. Our approach towards forecasting the risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.99% are justified by taking the suggested risk. Use OMKAR OVERSEAS Risk Adjusted Performance of 0.5308 to evaluate company specific risk that cannot be diversified away.

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OMKAR OVERSEAS Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of OMKAR daily returns, and it is calculated using variance and standard deviation. We also use OMKAR's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of OMKAR OVERSEAS volatility.

OMKAR OVERSEAS Market Sensitivity

As returns on market increase, OMKAR OVERSEAS returns are expected to increase less than the market. However, during bear market, the loss on holding OMKAR OVERSEAS will be expected to be smaller as well.
3 Months Beta |Analyze OMKAR OVERSEAS LTD Demand Trend
Check current 30 days OMKAR OVERSEAS correlation with market (DOW)
β = 0.0807

OMKAR OVERSEAS Central Daily Price Deviation

OMKAR OVERSEAS LTD Technical Analysis

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OMKAR OVERSEAS Projected Return Density Against Market

Assuming 30 trading days horizon, OMKAR OVERSEAS has beta of 0.0807 . This suggests as returns on market go up, OMKAR OVERSEAS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding OMKAR OVERSEAS LTD will be expected to be much smaller as well. In addition to that, The company has an alpha of 2.8006 implying that it can potentially generate 2.8006% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of OMKAR OVERSEAS is 1252.05. The daily returns are destributed with a variance of 623.89 and standard deviation of 24.98. The mean deviation of OMKAR OVERSEAS LTD is currently at 12.89. For similar time horizon, the selected benchmark (DOW) has volatility of 3.98
α
Alpha over DOW
=2.80
β
Beta against DOW=0.08
σ
Overall volatility
=24.98
Ir
Information ratio =0.13

OMKAR OVERSEAS Return Volatility

the company accepts 24.9777% volatility on return distribution over the 30 days horizon. the entity inherits 3.9796% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About OMKAR OVERSEAS Volatility

Volatility is a rate at which the price of OMKAR OVERSEAS or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of OMKAR OVERSEAS may increase or decrease. In other words, similar to OMKAR's beta indicator, it measures the risk of OMKAR OVERSEAS and helps estimate the fluctuations that may happen in a short period of time. So if prices of OMKAR OVERSEAS fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

OMKAR OVERSEAS Investment Opportunity

OMKAR OVERSEAS LTD has a volatility of 24.98 and is 6.28 times more volatile than DOW. 96  of all equities and portfolios are less risky than OMKAR OVERSEAS. Compared to the overall equity markets, volatility of historical daily returns of OMKAR OVERSEAS LTD is higher than 96 () of all global equities and portfolios over the last 30 days. Use OMKAR OVERSEAS LTD to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of OMKAR OVERSEAS to be traded at 0.8316 in 30 days. . As returns on market increase, OMKAR OVERSEAS returns are expected to increase less than the market. However, during bear market, the loss on holding OMKAR OVERSEAS will be expected to be smaller as well.

OMKAR OVERSEAS correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding OMKAR OVERSEAS LTD and equity matching DJI index in the same portfolio.

OMKAR OVERSEAS Current Risk Indicators

OMKAR OVERSEAS Suggested Diversification Pairs

Please continue to Trending Equities. Please also try Global Correlations module to find global opportunities by holding instruments from different markets.
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