ARIHANTS SECURITIES (India) Volatility

ARISE -  India Stock  

INR 7.33  0.01  0.14%

ARIHANTS SECURITIES LTD secures Sharpe Ratio (or Efficiency) of -0.0709, which signifies that the company had -0.0709% of return per unit of return volatility over the last 3 months. Macroaxis approach to foreseeing 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. ARIHANTS SECURITIES LTD exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ARIHANTS SECURITIES LTD risk adjusted performance of 5.0E-4, and Mean Deviation of 2.96 to double-check the risk estimate we provide.

ARIHANTS Volatility 

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

30 Days Market Risk

Slightly risky

Chance of Distress

Close to Average

30 Days Economic Sensitivity

Moves slightly opposite to the market

ARIHANTS SECURITIES Market Sensitivity And Downside Risk

ARIHANTS SECURITIES's beta coefficient measures the volatility of ARIHANTS 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 ARIHANTS stock's returns against your selected market. In other words, ARIHANTS SECURITIES's beta of -0.12 provides an investor with an approximation of how much risk ARIHANTS SECURITIES stock can potentially add to one of your existing portfolios.
Let's try to break down what ARIHANTS's beta means in this case. As returns on the market increase, returns on owning ARIHANTS SECURITIES are expected to decrease at a much lower rate. During the bear market, ARIHANTS SECURITIES is likely to outperform the market.
3 Months Beta |Analyze ARIHANTS SECURITIES LTD Demand Trend
Check current 90 days ARIHANTS SECURITIES correlation with market (DOW)

ARIHANTS Beta

    
  -0.12  
ARIHANTS standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  3.8  
It is essential to understand the difference between upside risk (as represented by ARIHANTS SECURITIES's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of ARIHANTS SECURITIES stock's daily returns or price. Since the actual investment returns on holding a position in ARIHANTS SECURITIES 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 ARIHANTS SECURITIES.

ARIHANTS SECURITIES LTD Stock Volatility Analysis

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The output start index for this execution was zero with a total number of output elements of sixty-one. ARIHANTS SECURITIES LTD Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

ARIHANTS SECURITIES Projected Return Density Against Market

Assuming the 90 days trading horizon ARIHANTS SECURITIES LTD has a beta of -0.1153 . This suggests as returns on benchmark increase, returns on holding ARIHANTS SECURITIES are expected to decrease at a much lower rate. During the bear market, however, ARIHANTS SECURITIES LTD is likely to outperform the market.
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 ARIHANTS SECURITIES or Financial Services 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 ARIHANTS SECURITIES 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 ARIHANTS 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 instrument is not justified. ARIHANTS SECURITIES LTD is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

ARIHANTS SECURITIES Stock 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 ARIHANTS SECURITIES or Financial Services 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 ARIHANTS SECURITIES 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 ARIHANTS 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 90 days trading horizon the coefficient of variation of ARIHANTS SECURITIES is -1410.77. The daily returns are distributed with a variance of 14.42 and standard deviation of 3.8. The mean deviation of ARIHANTS SECURITIES LTD is currently at 2.79. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
α
Alpha over DOW
-0.05
β
Beta against DOW-0.12
σ
Overall volatility
3.80
Ir
Information ratio -0.02

ARIHANTS SECURITIES Stock Return Volatility

ARIHANTS SECURITIES historical daily return volatility represents how much ARIHANTS SECURITIES 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 3.7972% volatility on return distribution over the 90 days horizon. By contrast, DOW inherits 0.7076% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About ARIHANTS SECURITIES Volatility

Volatility is a rate at which the price of ARIHANTS SECURITIES 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 ARIHANTS SECURITIES may increase or decrease. In other words, similar to ARIHANTS's beta indicator, it measures the risk of ARIHANTS SECURITIES and helps estimate the fluctuations that may happen in a short period of time. So if prices of ARIHANTS SECURITIES 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.
Arihants Securities Limited operates as a financial services company in India. Arihants Securities Limited was incorporated in 1994 and is based in Chennai, India. Arihants Securities operates under Capital Markets classification in India and is traded on Bombay Stock Exchange.

ARIHANTS SECURITIES Investment Opportunity

ARIHANTS SECURITIES LTD has a volatility of 3.8 and is 5.35 times more volatile than DOW. 32  of all equities and portfolios are less risky than ARIHANTS SECURITIES. Compared to the overall equity markets, volatility of historical daily returns of ARIHANTS SECURITIES LTD is lower than 32 () of all global equities and portfolios over the last 90 days. Use ARIHANTS SECURITIES LTD to enhance returns of your portfolios. The stock experiences a normal upward fluctuation. Check odds of ARIHANTS SECURITIES to be traded at 7.7 in 90 days. . Let's try to break down what ARIHANTS's beta means in this case. As returns on the market increase, returns on owning ARIHANTS SECURITIES are expected to decrease at a much lower rate. During the bear market, ARIHANTS SECURITIES is likely to outperform the market.

Good diversification

The correlation between ARIHANTS SECURITIES LTD and DJI is Good diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ARIHANTS SECURITIES LTD and DJI in the same portfolio assuming nothing else is changed.

ARIHANTS SECURITIES Additional Risk Indicators

The analysis of ARIHANTS SECURITIES's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in ARIHANTS SECURITIES's investment and either accepting that risk or mitigating it. Along with some common measures of ARIHANTS SECURITIES 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 the risk of your existing portfolios.
Risk Adjusted Performance5.0E-4
Market Risk Adjusted Performance0.4951
Mean Deviation2.96
Coefficient Of Variation(9,049)
Standard Deviation4.16
Variance17.27
Information Ratio(0.020475)
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 similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

ARIHANTS SECURITIES 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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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against ARIHANTS SECURITIES as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. ARIHANTS SECURITIES's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, ARIHANTS SECURITIES's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to ARIHANTS SECURITIES LTD.
Please continue to Trending Equities. Note that the ARIHANTS SECURITIES LTD information on this page should be used as a complementary analysis to other ARIHANTS SECURITIES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running ARIHANTS SECURITIES LTD price analysis, check to measure ARIHANTS SECURITIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ARIHANTS SECURITIES is operating at the current time. Most of ARIHANTS SECURITIES's value examination focuses on studying past and present price action to predict the probability of ARIHANTS SECURITIES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ARIHANTS SECURITIES's price. Additionally, you may evaluate how the addition of ARIHANTS SECURITIES to your portfolios can decrease your overall portfolio volatility.
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