JTAPARIA Volatility

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JTAPARIA -- India Stock  

INR 0.22  0.00  0.00%

Macroaxis considers J TAPARIA out of control given 3 months investment horizon. J TAPARIA PROJECTS holds Efficiency (Sharpe) Ratio of 0.1154, which attests that the company had 0.1154% of return per unit of volatility over the last 3 months. Our approach to determining 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 J TAPARIA PROJECTS, which you can use to evaluate future volatility of the entity. Please utilize J TAPARIA Semi Deviation of 2.02 and Market Risk Adjusted Performance of (4.40) to validate if our risk estimates are consistent with your expectations.

Search Volatility

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

90 Days Market Risk

Out of control

Chance of Distress

Quite High

90 Days Economic Sensitivity

Moves indifferently to market moves

J TAPARIA Market Sensitivity

As returns on market increase, returns on owning J TAPARIA are expected to decrease at a much smaller rate. During bear market, J TAPARIA is likely to outperform the market.
3 Months Beta |Analyze J TAPARIA PROJECTS Demand Trend
Check current 30 days J TAPARIA correlation with market (DOW)
β = -0.0579

J TAPARIA Central Daily Price Deviation

J TAPARIA PROJECTS Technical Analysis

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.

J TAPARIA Projected Return Density Against Market

Assuming 30 trading days horizon, J TAPARIA PROJECTS has beta of -0.0579 . This indicates as returns on benchmark increase, returns on holding J TAPARIA are expected to decrease at a much smaller rate. During bear market, however, J TAPARIA PROJECTS is likely to outperform the market. Moreover, The company has an alpha of 0.2595 implying that it can potentially generate 0.2595% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of J TAPARIA is 866.69. The daily returns are destributed with a variance of 4.95 and standard deviation of 2.23. The mean deviation of J TAPARIA PROJECTS is currently at 1.17. For similar time horizon, the selected benchmark (DOW) has volatility of 4.11
Alpha over DOW
Beta against DOW=-0.06
Overall volatility
Information ratio =0.06

J TAPARIA Return Volatility

the entity accepts 2.2251% volatility on return distribution over the 30 days horizon. the entity inherits 4.1066% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

About J TAPARIA Volatility

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

J TAPARIA Investment Opportunity

DOW has a standard deviation of returns of 4.11 and is 1.84 times more volatile than J TAPARIA PROJECTS. 19  of all equities and portfolios are less risky than J TAPARIA. Compared to the overall equity markets, volatility of historical daily returns of J TAPARIA PROJECTS is lower than 19 () of all global equities and portfolios over the last 30 days. Use J TAPARIA PROJECTS 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 J TAPARIA to be traded at 0.2178 in 30 days. . As returns on market increase, returns on owning J TAPARIA are expected to decrease at a much smaller rate. During bear market, J TAPARIA is likely to outperform the market.

J TAPARIA correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding J TAPARIA PROJECTS LTD and equity matching DJI index in the same portfolio.

J TAPARIA Current Risk Indicators

J TAPARIA Suggested Diversification Pairs

Please see Risk vs Return Analysis. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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