Reliance Diversified (India) Manager Performance Evaluation

118760 -- India Fund  

INR 28.21  1.10  3.75%

The fund holds Beta of 0.2077 which implies as returns on market increase, Reliance Diversified returns are expected to increase less than the market. However during bear market, the loss on holding Reliance Diversified will be expected to be smaller as well.. Even though it is essential to pay attention to Reliance Diversified current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Reliance Diversified exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Reliance Diversified Relative Risk vs. Return Landscape

If you would invest  3,316  in Reliance Diversified Power Sect Dir Div on September 22, 2018 and sell it today you would lose (495.00)  from holding Reliance Diversified Power Sect Dir Div or give up 14.93% of portfolio value over 30 days. Reliance Diversified Power Sect Dir Div is generating negative expected returns and assumes 8.6185% volatility on return distribution over the 30 days horizon. Simply put, 78% of equities are less volatile than Reliance Diversified Power Sect Dir Div and 99% 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 Diversified Power Sect Dir Div is expected to under-perform the market. In addition to that, the company is 8.12 times more volatile than its market benchmark. It trades about -0.58 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.19 per unit of volatility.

Reliance Diversified Current Valuation

Not valued
October 22, 2018
28.21
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Reliance Diversified is Unknown risk asset. Reliance Diversified recent Real Value cannot be determined due to lack of data. The prevailing price of Reliance Diversified is 28.21. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Reliance Diversified 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 Diversified Market Risk Analysis

Sharpe Ratio = -0.5774
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Reliance Diversified Relative Performance Indicators

Estimated Market Risk
 8.62
  actual daily
 
 22 %
of total potential
  
Expected Return
 -4.98
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.58
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Reliance Diversified is performing at about 0% 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 Diversified by adding it to a well-diversified portfolio.

Reliance Diversified Performance Rating

Reliance Diversified Power Sect Dir Div Risk Adjusted Performance Analysis

0 

Risk-Adjusted Fund Performance

Over the last 30 days Reliance Diversified Power Sect Dir Div has generated negative risk-adjusted returns adding no value to fund investors.

Reliance Diversified Alerts

Equity Alerts and Improvement Suggestions

Reliance Diversified is not yet fully synchronised with the market data
Reliance Diversified generates negative expected return over the last 30 days
Reliance Diversified has high historical volatility and very poor performance
The fund holds 98.54% of its total net assets in equities

Reliance Diversified Performance Indicators

Reliance Diversified Basic Price Performance Measures

Fifty Two Week Low29.9819
Fifty Two Week High29.9819
Annual Report Expense Ratio1.67%
Check also Trending Equities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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