SBI Overnight (India) Fund

0P00005URR -  India Fund  

INR 1,077  0.10  0.0093%

SBI Overnight is trading at 1076.67 as of the 20th of September 2021, a -0.0093 percent decrease since the beginning of the trading day. The fund's open price was 1076.77. SBI Overnight has a very small chance of experiencing financial distress in the next few years and had a market crasher performance during the last 90 days. Equity ratings for SBI Overnight are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of October 2019 and ending today, the 20th of September 2021. Click here to learn more.
 Market Performance
93 of 100
  Odds Of Distress
Less than 1

SBI Overnight Fund Profile

To provide the investors an opportunity to invest in overnight securities maturing on the next business day SBI Overnight is traded on Bombay Stock Exchange in India. more on SBI Overnight
SBI Overnight is unlikely to experience financial distress in the next 2 years
0P00005URR is showing solid risk-adjusted performance over 90 days
The fund holds about 100.0% of its total net assets in cash
Legal NameSBI Overnight
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SBI Overnight's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Beta In Three Year0.33
Startdate1st of April 2012
SBI Overnight [0P00005URR] is traded in India and was established 20th of September 2021. The fund is listed under null category and is part of SBI Funds Management Private Limited family. SBI Overnight presently has accumulated 1.23 B in total net assets with minimum initial investment of 5 K.
Check SBI Overnight Probability Of Bankruptcy

Instrument Allocation

SBI Overnight Target Price Odds Analysis

What are SBI Overnight's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SBI Overnight jumping above the current price in 90 days from now is about 5.06%. The SBI Overnight probability density function shows the probability of SBI Overnight fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SBI Overnight has a beta of -0.0062. This suggests as returns on benchmark increase, returns on holding SBI Overnight are expected to decrease at a much lower rate. During the bear market, however, SBI Overnight is likely to outperform the market. Additionally, the company has an alpha of 0.0061, implying that it can generate a 0.006135 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1076.67HorizonTargetOdds Up 1076.67 
94.07%90 days
 1,077 
5.06%
Based on a normal probability distribution, the odds of SBI Overnight to move above the current price in 90 days from now is about 5.06 (This SBI Overnight probability density function shows the probability of 0P00005URR Fund to fall within a particular range of prices over 90 days) .

SBI Overnight Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SBI Overnight market risk premium is the additional return an investor will receive from holding SBI Overnight long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SBI Overnight. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SBI Overnight's alpha and beta are two of the key measurements used to evaluate SBI Overnight's performance over the market, the standard measures of volatility play an important role as well.

SBI Overnight Against Markets

Picking the right benchmark for SBI Overnight fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SBI Overnight fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SBI Overnight is critical whether you are bullish or bearish towards SBI Overnight at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SBI Overnight without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to Trending Equities. Note that the SBI Overnight information on this page should be used as a complementary analysis to other SBI Overnight'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Tools for 0P00005URR Fund

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