SBI Magnum (India) Buy Hold or Sell Recommendation

0P00014EL1 -  India Fund  

INR 17.26  0.01  0.06%

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding SBI Magnum Income is 'Cautious Hold'. Macroaxis provides SBI Magnum buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 0P00014EL1 positions. The advice algorithm takes into account all of SBI Magnum's available fundamental, technical, and predictive indicators you will find on this site.

0P00014EL1 Advice 

 
Refresh
The advice is provided from SBI Magnum's buy-and-hold perspective. Please continue to SBI Magnum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as 0P00014EL1 and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards SBI Magnum Income.

Execute SBI Magnum Buy or Sell Advice

The 0P00014EL1 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SBI Magnum Income. Macroaxis does not own or have any residual interests in SBI Magnum Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SBI Magnum's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell SBI MagnumBuy SBI Magnum
Cautious Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon SBI Magnum Income has a Mean Deviation of 0.0495, Standard Deviation of 0.0632, Variance of 0.004, Downside Variance of 0.006, Semi Variance of (0.02758) and Expected Short fall of (0.08)
Our advice tool can cross-verify current analyst consensus on SBI Magnum and to analyze the fund potential to grow for few more years. Please use SBI Magnum Income minimum initial investment, cash position weight, and the relationship between the net asset and last dividend paid to make buy, hold, or sell decision on SBI Magnum.

SBI Magnum Trading Alerts and Improvement Suggestions

SBI Magnum Income is unlikely to experience financial distress in the next 2 years
The fund holds about 5.01% of its total net assets in cash

SBI Magnum Returns Distribution Density

The distribution of SBI Magnum's historical returns is an attempt to chart the future uncertainty of SBI Magnum's future price movements. The chart of the probability distribution of SBI Magnum stock daily returns describes the distribution of returns around its average expected value. We use SBI Magnum Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SBI Magnum returns is essential to provide solid investment advice for SBI Magnum stock.
Mean Return0.0284Value At Risk-0.06
Potential Upside0.12Standard Deviation0.06
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SBI Magnum historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

SBI Magnum Greeks

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 SBI Magnum or SBI Funds Management Private Limited 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 SBI Magnum 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 0P00014EL1 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.
α
Alpha over DOW
0.018327
β
Beta against DOW0.0081
σ
Overall volatility
0.07
Ir
Information ratio 0.19

SBI Magnum Volatility Alert

SBI Magnum Income exhibits very low volatility with skewness of 0.42 and kurtosis of 1.41. However, we advise investors to further study SBI Magnum Income technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SBI Magnum's fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact SBI Magnum's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

SBI Magnum Fundamentals Vs Peers

Comparing SBI Magnum's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze SBI Magnum's direct or indirect competition across all of the common fundamentals between SBI Magnum and the related equities. This way, we can detect undervalued stocks with similar characteristics as SBI Magnum or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of SBI Magnum's fundamental indicators could also be used in its relative valuation, which is a method of valuing SBI Magnum by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare SBI Magnum to competition
FundamentalsSBI MagnumPeer Average
Net Asset657 M4.11 B
Minimum Initial Investment5 K976.16 K
Last Dividend Paid0.160.65
Cash Position Weight5.01 %10.61 %
Bond Positions Weight94.99 %11.24 %

About SBI Magnum Buy or Sell Advice

When is the right time to buy or sell SBI Magnum Income? Buying financial instruments such as 0P00014EL1 Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although SBI Magnum investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having SBI Magnum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Monster Funds Thematic Idea Now

Monster Funds
Monster Funds Theme
Solid funds with above average long term performance indicators based on Macroaxis rating system. Monster Funds theme has 37 constituents.
View All  Next Launch Monster Funds
Please continue to SBI Magnum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the SBI Magnum Income information on this page should be used as a complementary analysis to other SBI Magnum'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Other Tools for 0P00014EL1 Fund

When running SBI Magnum Income price analysis, check to measure SBI Magnum'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 Magnum is operating at the current time. Most of SBI Magnum's value examination focuses on studying past and present price action to predict the probability of SBI Magnum's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SBI Magnum's price. Additionally, you may evaluate how the addition of SBI Magnum to your portfolios can decrease your overall portfolio volatility.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go