Peerless Equity (India) Manager Performance Evaluation

135657 -- India Fund  

INR 15.02  0.10  0.66%

The fund holds Beta of -0.0094 which implies as returns on market increase, returns on owning Peerless Equity are expected to decrease at a much smaller rate. During bear market, Peerless Equity is likely to outperform the market.. Even though it is essential to pay attention to Peerless Equity Half 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. Peerless Equity Half exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Peerless Equity Half Relative Risk vs. Return Landscape

If you would invest  1,509  in Peerless Equity Half Yrly Div on August 20, 2018 and sell it today you would lose (7.00)  from holding Peerless Equity Half Yrly Div or give up 0.46% of portfolio value over 30 days. Peerless Equity Half Yrly Div is generating negative expected returns and assumes 0.4291% volatility on return distribution over the 30 days horizon. Simply put, 3% of equities are less volatile than Peerless Equity Half Yrly 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, Peerless Equity Half Yrly Div is expected to under-perform the market. In addition to that, the company is 1.1 times more volatile than its market benchmark. It trades about -0.18 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.23 per unit of volatility.

Peerless Equity Current Valuation

Not valued
September 19, 2018
15.02
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 15.02. 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 = -0.1787
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Peerless Equity Relative Performance Indicators

Estimated Market Risk
 0.43
  actual daily
 
 97 %
of total potential
  
Expected Return
 -0.08
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.18
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Peerless Equity 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 Peerless Equity by adding it to a well-diversified portfolio.

Peerless Equity Performance Rating

Peerless Equity Half Yrly Div Risk Adjusted Performance Analysis

0 

Risk-Adjusted Fund Performance

Over the last 30 days Peerless Equity Half Yrly Div has generated negative risk-adjusted returns adding no value to fund investors.

Peerless Equity Alerts

Equity Alerts and Improvement Suggestions

Peerless Equity Half generates negative expected return over the last 30 days
The fund holds 97.16% of its total net assets in equities
Check also Trending Equities. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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