Reliance Diversified (India) Manager Performance Evaluation

118760 -- India Fund  

INR 31.06  0.00  0.00%

The fund holds Beta of -0.1821 which implies as returns on market increase, returns on owning Reliance Diversified are expected to decrease at a much smaller rate. During bear market, Reliance Diversified is likely to outperform the market.. Although it is essential to pay attention to Reliance Diversified 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 Diversified expected return of 1.7346 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 Diversified Relative Risk vs. Return Landscape

If you would invest  2,862  in Reliance Diversified Power Sect Dir Div on November 19, 2018 and sell it today you would earn a total of  244.00  from holding Reliance Diversified Power Sect Dir Div or generate 8.53% return on investment over 30 days. Reliance Diversified Power Sect Dir Div is generating 1.7346% of daily returns and assumes 4.7362% volatility on return distribution over the 30 days horizon. Simply put, 42% of equities are less volatile than Reliance Diversified Power Sect Dir Div and 68% 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 generate 3.51 times more return on investment than the market. However, the company is 3.51 times more volatile than its market benchmark. It trades about 0.37 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.

Reliance Diversified Current Valuation

Not valued
December 19, 2018
31.06
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 31.06. 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 = 0.3662
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Average Returns118760
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Reliance Diversified Relative Performance Indicators

Estimated Market Risk
 4.74
  actual daily
 
 42 %
of total potential
 
42
Expected Return
 1.73
  actual daily
 
 32 %
of total potential
 
32
Risk-Adjusted Return
 0.37
  actual daily
 
 24 %
of total potential
 
24
Based on monthly moving average Reliance Diversified is performing at about 24% 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

24

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Diversified Power Sect Dir Div are ranked lower than 24 (%) of all funds and portfolios of funds over the last 30 days.

Reliance Diversified Alerts

Equity Alerts and Improvement Suggestions

Reliance Diversified is not yet fully synchronised with the market data
Reliance Diversified appears to be very risky and stock price may revert if volatility continues
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 Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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