Reliance Banking (India) Manager Performance Evaluation

101862 -- India Fund  

 283.48  20.36  7.74%

The fund holds Beta of -1.1103 which implies . Although it is extremely important to respect Reliance Banking current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Reliance Banking technical indicators you can presently evaluate if the expected return of 0.1111% will be sustainable into the future.
Horizon     30 Days    Login   to change

Reliance Banking Relative Risk vs. Return Landscape

If you would invest  28,348  in Reliance Banking Gr on August 24, 2018 and sell it today you would earn a total of  0.00  from holding Reliance Banking Gr or generate 0.0% return on investment over 30 days. Reliance Banking Gr is generating 0.1111% of daily returns and assumes 5.2772% volatility on return distribution over the 30 days horizon. Simply put, 48% of equities are less volatile than Reliance Banking Gr and 98% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Reliance Banking Gr is expected to generate 1.57 times less return on investment than the market. In addition to that, the company is 11.76 times more volatile than its market benchmark. It trades about 0.02 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.39 per unit of volatility.

Reliance Banking Current Valuation

Not valued
September 23, 2018
283.48
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Reliance Banking is Unknown risk asset. Reliance Banking recent Real Value cannot be determined due to lack of data. The prevailing price of Reliance Banking is USD283.48. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Reliance Banking from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.

Reliance Banking Market Risk Analysis

Sharpe Ratio = 0.0211
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Reliance Banking Relative Performance Indicators

Estimated Market Risk
 5.28
  actual daily
 
 52 %
of total potential
  
Expected Return
 0.11
  actual daily
 
 2 %
of total potential
  
Risk-Adjusted Return
 0.02
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Reliance Banking is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Reliance Banking by adding it to a well-diversified portfolio.

Reliance Banking Performance Rating

Reliance Banking Gr Risk Adjusted Performance Analysis

1 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Banking Gr are ranked lower than 1 (%) of all funds and portfolios of funds over the last 30 days.

Reliance Banking Alerts

Equity Alerts and Improvement Suggestions

Reliance Banking has very high historical volatility over the last 30 days
The fund holds 97.59% of its total net assets in equities
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