ALMONDZ Volatility

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ALMONDZ -- India Stock  

INR 11.60  0.25  2.20%

ALMONDZ GLOBAL SEC secures Sharpe Ratio (or Efficiency) of -0.1442, which signifies that the company had -0.1442% of return per unit of return volatility over the last 3 months. Macroaxis approach to foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. ALMONDZ GLOBAL SEC exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ALMONDZ GLOBAL SEC mean deviation of 2.8, and risk adjusted performance of (0.23) to double-check the risk estimate we provide.

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ALMONDZ GLOBAL 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 ALMONDZ daily returns, and it is calculated using variance and standard deviation. We also use ALMONDZ's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of ALMONDZ GLOBAL volatility.

90 Days Market Risk

Somewhat reliable

Chance of Distress

Quite High

90 Days Economic Sensitivity

Moves indifferently to market moves

ALMONDZ GLOBAL Market Sensitivity And Downside Risk

ALMONDZ GLOBAL SEC beta coefficient measures the volatility of ALMONDZ stock compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents ALMONDZ stock's returns against your selected market. In other words, ALMONDZ GLOBAL's beta of -0.1901 provides an investor with an approximation of how much risk ALMONDZ GLOBAL stock can potentially add to one of your existing portfolios. Let's try to break down what ALMONDZ's beta means in this case. As returns on the market increase, returns on owning ALMONDZ GLOBAL are expected to decrease at a much lower rate. During the bear market, ALMONDZ GLOBAL is likely to outperform the market.
3 Months Beta |Analyze ALMONDZ GLOBAL SEC Demand Trend
Check current 30 days ALMONDZ GLOBAL correlation with market (DOW)
β

Current ALMONDZ GLOBAL Beta Coefficient

 = 

ALMONDZ GLOBAL Central Daily Price Deviations

It is essential to understand the difference between upside risk (as represented by ALMONDZ GLOBAL's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of ALMONDZ GLOBAL stock's daily returns or price. Since the actual investment returns on holding a position in ALMONDZ GLOBAL stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in ALMONDZ GLOBAL.

ALMONDZ GLOBAL SEC Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of ALMONDZ GLOBAL SEC high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only ALMONDZ GLOBAL closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

ALMONDZ GLOBAL Projected Return Density Against Market

Assuming the 30 trading days horizon, ALMONDZ GLOBAL SEC has a beta of -0.1901 . This suggests as returns on benchmark increase, returns on holding ALMONDZ GLOBAL are expected to decrease at a much lower rate. During the bear market, however, ALMONDZ GLOBAL SEC is likely to outperform the market. Additionally, Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ALMONDZ GLOBAL or ALMONDZ GLOBAL SEC sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ALMONDZ GLOBAL stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ALMONDZ stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. The company has a negative alpha, implying that the risk taken by holding this equity is not justified. ALMONDZ GLOBAL SEC is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

ALMONDZ GLOBAL Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ALMONDZ GLOBAL or ALMONDZ GLOBAL SEC sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ALMONDZ GLOBAL stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ALMONDZ stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Assuming the 30 trading days horizon, the coefficient of variation of ALMONDZ GLOBAL is -693.41. The daily returns are destributed with a variance of 17.83 and standard deviation of 4.22. The mean deviation of ALMONDZ GLOBAL SEC is currently at 3.09. For similar time horizon, the selected benchmark (DOW) has volatility of 2.14
α
Alpha over DOW
=-0.39
β
Beta against DOW=-0.19
σ
Overall volatility
=4.22
Ir
Information ratio =-0.18

ALMONDZ GLOBAL Return Volatility

ALMONDZ GLOBAL historical daily return volatility represents how much ALMONDZ GLOBAL stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The company accepts 4.2225% volatility on return distribution over the 30 days horizon. By contrast, DOW inherits 1.8559% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About ALMONDZ GLOBAL Volatility

Volatility is a rate at which the price of ALMONDZ GLOBAL 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 ALMONDZ GLOBAL may increase or decrease. In other words, similar to ALMONDZ's beta indicator, it measures the risk of ALMONDZ GLOBAL and helps estimate the fluctuations that may happen in a short period of time. So if prices of ALMONDZ GLOBAL 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.
Almondz Global Securities Limited operates as an investment bank in India. Almondz Global Securities Limited operates as a subsidiary of Avonmore Capital Management Services Limited ALMONDZ GLOBAL operates under Capital Markets classification in India and is traded on National Stock Exchange of India.

ALMONDZ GLOBAL Investment Opportunity

ALMONDZ GLOBAL SEC has a volatility of 4.22 and is 2.27 times more volatile than DOW. 36  of all equities and portfolios are less risky than ALMONDZ GLOBAL. Compared to the overall equity markets, volatility of historical daily returns of ALMONDZ GLOBAL SEC is lower than 36 () of all global equities and portfolios over the last 30 days. Use ALMONDZ GLOBAL SEC to enhance returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of ALMONDZ GLOBAL to be traded at 13.92 in 30 days. . Let's try to break down what ALMONDZ's beta means in this case. As returns on the market increase, returns on owning ALMONDZ GLOBAL are expected to decrease at a much lower rate. During the bear market, ALMONDZ GLOBAL is likely to outperform the market.

ALMONDZ GLOBAL correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding ALMONDZ GLOBAL SEC and equity matching DJI index in the same portfolio.

ALMONDZ GLOBAL Additional Risk Indicators

The analysis of various secondary risk indicators of ALMONDZ GLOBAL is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in ALMONDZ GLOBAL investment, and either accepting that risk or mitigating it. Along with some common measures of ALMONDZ GLOBAL stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging your existing portfolio. Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing the like to determine which investment holds the most risk.
Risk Adjusted Performance(0.23)
Market Risk Adjusted Performance2.33
Mean Deviation2.8
Coefficient Of Variation(908.72)
Standard Deviation3.93
Variance15.41
Information Ratio(0.18)

ALMONDZ GLOBAL Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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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