GULFOILLUB Volatility

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GULFOILLUB -- India Stock  

INR 574.45  13.55  2.30%

GULF OIL LUBRICANT holds Efficiency (Sharpe) Ratio of -7.0E-4, which attests that the entity had -7.0E-4% of return per unit of risk over the last 3 months. Macroaxis philosophy in determining 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. GULF OIL LUBRICANT exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out GULF OIL semi deviation of 2.92, market risk adjusted performance of 0.2585, and risk adjusted performance of 0.0558 to validate the risk estimate we provide.

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

90 Days Market Risk

Very steady

Chance of Distress

90 Days Economic Sensitivity

Slowly supersedes the market

GULF OIL Market Sensitivity And Downside Risk

GULF OIL LUBRICANT beta coefficient measures the volatility of GULFOILLUB 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 GULFOILLUB stock's returns against your selected market. In other words, GULF OIL's beta of 0.34 provides an investor with an approximation of how much risk GULF OIL stock can potentially add to one of your existing portfolios. Let's try to break down what GULFOILLUB's beta means in this case. As returns on the market increase, GULF OIL returns are expected to increase less than the market. However, during the bear market, the loss on holding GULF OIL will be expected to be smaller as well.
3 Months Beta |Analyze GULF OIL LUBRICANT Demand Trend
Check current 30 days GULF OIL correlation with market (DOW)
β

Current GULF OIL Beta Coefficient

 = 

GULF OIL Central Daily Price Deviations

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

GULF OIL LUBRICANT Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. GULF OIL Typical Price indicator is an average of each day price and can be used instead of closing price when creating different GULF OIL LUBRICANT moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

GULF OIL Projected Return Density Against Market

Assuming the 30 trading days horizon, GULF OIL has a beta of 0.3354 . This usually indicates as returns on the market go up, GULF OIL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GULF OIL LUBRICANT will be expected to be much smaller as well. Moreover, 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 GULF OIL or GULF OIL LUBRICANT 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 GULF OIL 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 GULFOILLUB 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 an alpha of 0.03, implying that it can generate a 0.03 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 

GULF OIL 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 GULF OIL or GULF OIL LUBRICANT 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 GULF OIL 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 GULFOILLUB 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 GULF OIL is -143912.76. The daily returns are destributed with a variance of 10.54 and standard deviation of 3.25. The mean deviation of GULF OIL LUBRICANT is currently at 1.72. For similar time horizon, the selected benchmark (DOW) has volatility of 1.83
α
Alpha over DOW
=0.03
β
Beta against DOW=0.34
σ
Overall volatility
=3.25
Ir
Information ratio =-0.02

GULF OIL Return Volatility

GULF OIL historical daily return volatility represents how much GULF OIL 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 3.2463% volatility on return distribution over the 30 days horizon. By contrast, DOW inherits 1.8384% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About GULF OIL Volatility

Volatility is a rate at which the price of GULF OIL 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 GULF OIL may increase or decrease. In other words, similar to GULFOILLUB's beta indicator, it measures the risk of GULF OIL and helps estimate the fluctuations that may happen in a short period of time. So if prices of GULF OIL 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.
Gulf Oil Lubricants India Limited manufactures, markets, and trades lubricants for use in the automobile and industrial sectors in India. Gulf Oil Lubricants India Limited is a subsidiary of Gulf Oil International Inc. GULF OIL operates under Specialty Chemicals classification in India and is traded on National Stock Exchange of India.

GULF OIL Investment Opportunity

GULF OIL LUBRICANT has a volatility of 3.25 and is 1.77 times more volatile than DOW. 28  of all equities and portfolios are less risky than GULF OIL. Compared to the overall equity markets, volatility of historical daily returns of GULF OIL LUBRICANT is lower than 28 () of all global equities and portfolios over the last 30 days. Use GULF OIL LUBRICANT to protect your portfolios against small markets fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of GULF OIL to be traded at 551.47 in 30 days. . Let's try to break down what GULFOILLUB's beta means in this case. As returns on the market increase, GULF OIL returns are expected to increase less than the market. However, during the bear market, the loss on holding GULF OIL will be expected to be smaller as well.

GULF OIL correlation with market

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

GULF OIL Additional Risk Indicators

The analysis of various secondary risk indicators of GULF OIL is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in GULF OIL investment, and either accepting that risk or mitigating it. Along with some common measures of GULF OIL 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 Performance0.0558
Market Risk Adjusted Performance0.2585
Mean Deviation1.98
Semi Deviation2.92
Downside Deviation3.44
Coefficient Of Variation3572.01
Standard Deviation3.33

GULF OIL 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