Peerless Equity (India) Manager Performance Evaluation

135657 -- India Fund  

INR 13.66  0.20  1.49%

The fund holds Beta of 0.0218 which implies as returns on market increase, Peerless Equity returns are expected to increase less than the market. However during bear market, the loss on holding Peerless Equity will be expected to be smaller as well.. Although it is vital to follow to Peerless Equity Half current trending patterns, it is good to be conservative about what you can actually do with the information regarding 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 Peerless Equity Half technical indicators you can presently evaluate if the expected return of 0.4936% will be sustainable into the future.
Horizon     30 Days    Login   to change

Peerless Equity Half Relative Risk vs. Return Landscape

If you would invest  1,328  in Peerless Equity Half Yrly Div on October 17, 2018 and sell it today you would earn a total of  38.00  from holding Peerless Equity Half Yrly Div or generate 2.86% return on investment over 30 days. Peerless Equity Half Yrly Div is generating 0.4936% of daily returns and assumes 2.3322% volatility on return distribution over the 30 days horizon. Simply put, 21% of equities are less volatile than Peerless Equity Half Yrly Div and 91% 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, Peerless Equity Half Yrly Div is expected to generate 1.95 times more return on investment than the market. However, the company is 1.95 times more volatile than its market benchmark. It trades about 0.21 of its potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of risk.

Peerless Equity Current Valuation

Not valued
November 16, 2018
13.66
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Peerless Equity is Unknown risk asset. Peerless Equity Half recent Real Value cannot be determined due to lack of data. The prevailing price of Peerless Equity Half is 13.66. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Peerless Equity Half 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.

Peerless Equity Market Risk Analysis

Sharpe Ratio = 0.2116
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Peerless Equity Relative Performance Indicators

Estimated Market Risk
 2.33
  actual daily
 
 79 %
of total potential
  
Expected Return
 0.49
  actual daily
 
 9 %
of total potential
  
Risk-Adjusted Return
 0.21
  actual daily
 
 14 %
of total potential
  
Based on monthly moving average Peerless Equity is performing at about 14% 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 Peerless Equity by adding it to a well-diversified portfolio.

Peerless Equity Performance Rating

Peerless Equity Half Yrly Div Risk Adjusted Performance Analysis

14 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Peerless Equity Half Yrly Div are ranked lower than 14 (%) of all funds and portfolios of funds over the last 30 days.

Peerless Equity Alerts

Equity Alerts and Improvement Suggestions

Peerless Equity Half is not yet fully synchronised with the market data
The fund holds 97.16% of its total net assets in equities
Check also Trending Equities. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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