NAVKAR Volatility

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NAVKARCORP -- India Stock  

INR 21.15  0.55  2.53%

Our approach into estimating 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 NAVKAR CORPORATION, which you can use to evaluate future volatility of the entity. Please verify NAVKAR CORPORATION Mean Deviation of 4.9 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.

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

90 Days Market Risk

Very steady

Chance of Distress

Average

90 Days Economic Sensitivity

Barely shadows market

NAVKAR CORPORATION Market Sensitivity

As returns on market increase, NAVKAR CORPORATION returns are expected to increase less than the market. However, during bear market, the loss on holding NAVKAR CORPORATION will be expected to be smaller as well.
3 Months Beta |Analyze NAVKAR CORPORATION Demand Trend
Check current 30 days NAVKAR CORPORATION correlation with market (DOW)
β = 0.1706

NAVKAR CORPORATION Central Daily Price Deviation

NAVKAR CORPORATION Technical Analysis

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NAVKAR CORPORATION Projected Return Density Against Market

Assuming 30 trading days horizon, NAVKAR CORPORATION has beta of 0.1706 indicating as returns on market go up, NAVKAR CORPORATION average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NAVKAR CORPORATION will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. NAVKAR CORPORATION is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=-0.43
β
Beta against DOW=0.17
σ
Overall volatility
=0.00
Ir
Information ratio =-0.04

NAVKAR CORPORATION Return Volatility

the company accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 4.1294% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About NAVKAR CORPORATION Volatility

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

NAVKAR CORPORATION Investment Opportunity

DOW has a standard deviation of returns of 4.13 and is 9.223372036854776E16 times more volatile than NAVKAR CORPORATION. of all equities and portfolios are less risky than NAVKAR CORPORATION. Compared to the overall equity markets, volatility of historical daily returns of NAVKAR CORPORATION is lower than 0 () of all global equities and portfolios over the last 30 days. Use NAVKAR CORPORATION to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of NAVKAR CORPORATION to be traded at 20.3 in 30 days. . As returns on market increase, NAVKAR CORPORATION returns are expected to increase less than the market. However, during bear market, the loss on holding NAVKAR CORPORATION will be expected to be smaller as well.

NAVKAR CORPORATION correlation with market

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

NAVKAR CORPORATION Current Risk Indicators

NAVKAR CORPORATION Suggested Diversification Pairs

Additionally, see Stocks Correlation. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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