Banka BioLoo (India) Volatility

BANKA -  India Stock  

INR 77.75  1.10  1.44%

Banka BioLoo appears to be very steady, given 3 months investment horizon. Banka BioLoo Limited secures Sharpe Ratio (or Efficiency) of 0.0657, which signifies that the company had 0.0657% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing 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-eight technical indicators for Banka BioLoo Limited, which you can use to evaluate the future volatility of the firm. Please makes use of Banka BioLoo's Downside Deviation of 4.36, mean deviation of 2.93, and Risk Adjusted Performance of 0.0487 to double-check if our risk estimates are consistent with your expectations.

Banka Volatility 

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

420 Days Market Risk

Very steady

Chance of Distress

Below Average

420 Days Economic Sensitivity

Responds to the market

Banka BioLoo Market Sensitivity And Downside Risk

Banka BioLoo's beta coefficient measures the volatility of Banka 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 Banka stock's returns against your selected market. In other words, Banka BioLoo's beta of 1.34 provides an investor with an approximation of how much risk Banka BioLoo stock can potentially add to one of your existing portfolios.
Let's try to break down what Banka's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Banka BioLoo will likely underperform.
3 Months Beta |Analyze Banka BioLoo Limited Demand Trend
Check current 90 days Banka BioLoo correlation with market (DOW)

Banka Beta

    
  1.34  
Banka 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

    
  5.18  
It is essential to understand the difference between upside risk (as represented by Banka BioLoo's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Banka BioLoo stock's daily returns or price. Since the actual investment returns on holding a position in Banka BioLoo 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 Banka BioLoo.

Banka BioLoo Limited Stock Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Banka BioLoo Limited 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.

Banka BioLoo Projected Return Density Against Market

Assuming the 90 days trading horizon the stock has the beta coefficient of 1.336 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Banka BioLoo will likely underperform.
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 Banka BioLoo or Industrials 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 Banka BioLoo 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 Banka 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 0.3257, implying that it can generate a 0.33 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 

Banka BioLoo 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 Banka BioLoo or Industrials 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 Banka BioLoo 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 Banka 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 Banka BioLoo is 1522.74. The daily returns are distributed with a variance of 26.88 and standard deviation of 5.18. The mean deviation of Banka BioLoo Limited is currently at 3.07. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
α
Alpha over DOW
0.33
β
Beta against DOW1.34
σ
Overall volatility
5.18
Ir
Information ratio 0.05

Banka BioLoo Stock Return Volatility

Banka BioLoo historical daily return volatility represents how much Banka BioLoo 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 5.1849% 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 Banka BioLoo Volatility

Volatility is a rate at which the price of Banka BioLoo 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 Banka BioLoo may increase or decrease. In other words, similar to Banka's beta indicator, it measures the risk of Banka BioLoo and helps estimate the fluctuations that may happen in a short period of time. So if prices of Banka BioLoo 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.
Banka BioLoo Limited provides products and services for human waste management system in India. The company was founded in 2008 and is based in Hyderabad, India. Banka BioLoo operates under Pollution Treatment Controls classification in India and is traded on National Stock Exchange of India.

Banka BioLoo Investment Opportunity

Banka BioLoo Limited has a volatility of 5.18 and is 7.3 times more volatile than DOW. 44  of all equities and portfolios are less risky than Banka BioLoo. Compared to the overall equity markets, volatility of historical daily returns of Banka BioLoo Limited is lower than 44 () of all global equities and portfolios over the last 90 days. Use Banka BioLoo Limited to enhance returns of your portfolios. The stock experiences a large bullish trend. Check odds of Banka BioLoo to be traded at 85.53 in 90 days. . Let's try to break down what Banka's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Banka BioLoo will likely underperform.

Average diversification

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

Banka BioLoo Additional Risk Indicators

The analysis of Banka BioLoo'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 Banka BioLoo's investment and either accepting that risk or mitigating it. Along with some common measures of Banka BioLoo 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 Performance0.0487
Market Risk Adjusted Performance0.2809
Mean Deviation2.93
Semi Deviation3.35
Downside Deviation4.36
Coefficient Of Variation1776.77
Standard Deviation6.61
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.

Banka BioLoo 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 Banka BioLoo 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. Banka BioLoo'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, Banka BioLoo'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 Banka BioLoo Limited.
Continue to Trending Equities. Note that the Banka BioLoo Limited information on this page should be used as a complementary analysis to other Banka BioLoo'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.

Other Tools for Banka Stock

When running Banka BioLoo Limited price analysis, check to measure Banka BioLoo'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 Banka BioLoo is operating at the current time. Most of Banka BioLoo's value examination focuses on studying past and present price action to predict the probability of Banka BioLoo's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Banka BioLoo's price. Additionally, you may evaluate how the addition of Banka BioLoo to your portfolios can decrease your overall portfolio volatility.
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