The fund retains Market Volatility (i.e. Beta) of -0.0095 which attests that as returns on market increase, returns on owning IDFC Banking are expected to decrease at a much smaller rate. During bear market, IDFC Banking is likely to outperform the market. Although it is vital to follow to IDFC Banking Debt current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. Macroaxis approach into determining 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 IDFC Banking Debt expected return of 1.1672 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|
IDFC Banking Debt Relative Risk vs. Return LandscapeIf you would invest 1,071 in IDFC Banking Debt Reg Qtr Div on January 20, 2019 and sell it today you would earn a total of 25.00 from holding IDFC Banking Debt Reg Qtr Div or generate 2.33% return on investment over 30 days. IDFC Banking Debt Reg Qtr Div is generating 1.1672% of daily returns and assumes 1.6506% volatility on return distribution over the 30 days horizon. Simply put, 15% of equities are less volatile than IDFC Banking and 78% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IDFC Banking Current Valuation
IDFC Banking is Unknown risk asset. IDFC Banking Debt regular Real Value cannot be determined due to lack of data. The prevalent price of IDFC Banking Debt is 0.0. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of IDFC Banking Debt from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since in the future stocks prices and their ongoing real values will come together.
IDFC Banking Market Risk Analysis
Sharpe Ratio = 0.7071
IDFC Banking Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in IDFC Banking Debt Reg Qtr Div are ranked lower than 47 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||10.4945|
|Fifty Two Week High||10.4945|
|Annual Report Expense Ratio||0.32%|