Reliance Banking (India) Manager Performance Evaluation

101862 -- India Fund  

INR 251.12  2.56  1.03%

The fund holds Beta of -0.7004 which implies as returns on market increase, returns on owning Reliance Banking are expected to decrease at a much smaller rate. During bear market, Reliance Banking is likely to outperform the market.. Although it is essential to pay attention to Reliance Banking current trending patterns, it is also good to be reasonable about what you can actually do with equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any fund is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Reliance Banking expected return of 1.6706 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
Horizon     30 Days    Login   to change

Reliance Banking Relative Risk vs. Return Landscape

If you would invest  23,539  in Reliance Banking Gr on October 16, 2018 and sell it today you would earn a total of  1,573  from holding Reliance Banking Gr or generate 6.68% return on investment over 30 days. Reliance Banking Gr is generating 1.6706% of daily returns and assumes 3.3413% volatility on return distribution over the 30 days horizon. Simply put, 30% of equities are less volatile than Reliance Banking Gr and 69% 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 2.77 times more return on investment than the market. However, the company is 2.77 times more volatile than its market benchmark. It trades about 0.5 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of risk.

Reliance Banking Current Valuation

Not valued
November 15, 2018
251.12
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 251.12. 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 = 0.5
Best
Portfolio
Best
Equity
Good Returns
Average Returns101862
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns

Reliance Banking Relative Performance Indicators

Estimated Market Risk
 3.34
  actual daily
 
 70 %
of total potential
  
Expected Return
 1.67
  actual daily
 
 31 %
of total potential
  
Risk-Adjusted Return
 0.5
  actual daily
 
 33 %
of total potential
  
Based on monthly moving average Reliance Banking is performing at about 33% 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

33 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Banking Gr are ranked lower than 33 (%) of all funds and portfolios of funds over the last 30 days.

Reliance Banking Alerts

Equity Alerts and Improvement Suggestions

Reliance Banking is not yet fully synchronised with the market data
Reliance Banking appears to be very risky and stock price may revert if volatility continues
The fund holds 97.59% of its total net assets in equities

Reliance Banking Performance Indicators

Reliance Banking Basic Price Performance Measures

Fifty Two Week Low152.2590
Fifty Two Week High152.2590
Annual Report Expense Ratio2.37%
Check also Trending Equities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Search macroaxis.com