UNIVERSAL Volatility

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Our approach towards measuring 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 UNIVERSAL CABLES LTD, which you can use to evaluate future volatility of the company. Please validate UNIVERSAL CABLES to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.

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

UNIVERSAL CABLES LTD Technical Analysis

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UNIVERSAL CABLES Projected Return Density Against Market

Assuming 30 trading days horizon, UNIVERSAL CABLES has beta of 0.0 . This entails the returns on DOW and UNIVERSAL CABLES do not appear to be sensitive. Furthermore, It does not look like the company alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of UNIVERSAL CABLES is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of UNIVERSAL CABLES LTD is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 4.02
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.00
Ir
Information ratio =0.00

UNIVERSAL CABLES Return Volatility

the company accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 4.0067% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
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UNIVERSAL CABLES Investment Opportunity

DOW has a standard deviation of returns of 4.01 and is 9.223372036854776E16 times more volatile than UNIVERSAL CABLES LTD. of all equities and portfolios are less risky than UNIVERSAL CABLES. Compared to the overall equity markets, volatility of historical daily returns of UNIVERSAL CABLES LTD is lower than 0 () of all global equities and portfolios over the last 30 days.

UNIVERSAL CABLES Current Risk Indicators

UNIVERSAL CABLES Suggested Diversification Pairs

Check out World Market Map. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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