BOMBAY Volatility

BS
BSHSL-SM -- India Stock  

INR 108.00  1.00  0.92%

Our approach to foreseeing the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for BOMBAY SUPER HYBRI, which you can use to evaluate future volatility of the firm. Please confirm BOMBAY SUPER HYBRI risk adjusted performance of (0.16), and mean deviation of 0.9492 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.

Search Volatility

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

BOMBAY SUPER Market Sensitivity And Downside Risk

BOMBAY SUPER HYBRI beta coefficient measures the volatility of BOMBAY 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 BOMBAY stock's returns against your selected market. In other words, BOMBAY SUPER's beta of 0.0452 provides an investor with an approximation of how much risk BOMBAY SUPER stock can potentially add to one of your existing portfolios. Let's try to break down what BOMBAY's beta means in this case. As returns on the market increase, BOMBAY SUPER returns are expected to increase less than the market. However, during the bear market, the loss on holding BOMBAY SUPER will be expected to be smaller as well.
3 Months Beta |Analyze BOMBAY SUPER HYBRI Demand Trend
Check current 30 days BOMBAY SUPER correlation with market (DOW)
β

Current BOMBAY SUPER Beta Coefficient

 = 

BOMBAY SUPER Central Daily Price Deviations

It is essential to understand the difference between upside risk (as represented by BOMBAY SUPER's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of BOMBAY SUPER stock's daily returns or price. Since the actual investment returns on holding a position in BOMBAY SUPER 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 BOMBAY SUPER.

BOMBAY SUPER HYBRI Volatility Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

BOMBAY SUPER Projected Return Density Against Market

Assuming the 30 trading days horizon, BOMBAY SUPER has a beta of 0.0452 suggesting as returns on the market go up, BOMBAY SUPER average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BOMBAY SUPER HYBRI will be expected to be much smaller as well. 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 BOMBAY SUPER or BOMBAY SUPER HYBRI 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 BOMBAY SUPER 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 BOMBAY 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. BOMBAY SUPER HYBRI is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

BOMBAY SUPER 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 BOMBAY SUPER or BOMBAY SUPER HYBRI 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 BOMBAY SUPER 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 BOMBAY 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 BOMBAY SUPER is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of BOMBAY SUPER HYBRI is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 2.14
α
Alpha over DOW
=-0.13
β
Beta against DOW=0.0452
σ
Overall volatility
=0.00
Ir
Information ratio =-0.26

BOMBAY SUPER Return Volatility

BOMBAY SUPER historical daily return volatility represents how much BOMBAY SUPER stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The enterprise accepts 0.0% volatility on return distribution over the 30 days horizon. By contrast, DOW inherits 1.8461% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About BOMBAY SUPER Volatility

Volatility is a rate at which the price of BOMBAY SUPER 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 BOMBAY SUPER may increase or decrease. In other words, similar to BOMBAY's beta indicator, it measures the risk of BOMBAY SUPER and helps estimate the fluctuations that may happen in a short period of time. So if prices of BOMBAY SUPER 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.

BOMBAY SUPER Investment Opportunity

DOW has a standard deviation of returns of 1.85 and is 9.223372036854776E16 times more volatile than BOMBAY SUPER HYBRI. of all equities and portfolios are less risky than BOMBAY SUPER. Compared to the overall equity markets, volatility of historical daily returns of BOMBAY SUPER HYBRI is lower than 0 () of all global equities and portfolios over the last 30 days. Use BOMBAY SUPER HYBRI to protect your portfolios against small markets fluctuations. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of BOMBAY SUPER to be traded at 105.84 in 30 days. . Let's try to break down what BOMBAY's beta means in this case. As returns on the market increase, BOMBAY SUPER returns are expected to increase less than the market. However, during the bear market, the loss on holding BOMBAY SUPER will be expected to be smaller as well.

BOMBAY SUPER correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding BOMBAY SUPER HYBRI and equity matching DJI index in the same portfolio.

BOMBAY SUPER Additional Risk Indicators

The analysis of various secondary risk indicators of BOMBAY SUPER is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in BOMBAY SUPER investment, and either accepting that risk or mitigating it. Along with some common measures of BOMBAY SUPER 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(0.16)
Market Risk Adjusted Performance(2.60)
Mean Deviation0.9492
Coefficient Of Variation(1,373)
Standard Deviation1.48
Variance2.19
Information Ratio(0.26)

BOMBAY SUPER 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.
Du Pont vs. BOMBAY SUPER
NIO vs. BOMBAY SUPER
Summer Infant vs. BOMBAY SUPER
Salesforce vs. BOMBAY SUPER
Visa vs. BOMBAY SUPER
Vmware vs. BOMBAY SUPER
Realty Income vs. BOMBAY SUPER
Workhorse vs. BOMBAY SUPER
BioXcel Therapeutics vs. BOMBAY SUPER
Advance Auto vs. BOMBAY SUPER
WEX vs. BOMBAY SUPER
Hanesbrands vs. BOMBAY SUPER
Continue to Trending Equities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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