CPSE ETF (India) Performance

CPSEETF -- India Stock  

INR 27.19  0.54  2.03%

Macroaxis gives CPSE ETF performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1497 which signifies that as returns on market increase, returns on owning CPSE ETF are expected to decrease at a much smaller rate. During bear market, CPSE ETF is likely to outperform the market.. Even though it is essential to pay attention to CPSE ETF historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. CPSE ETF exposes twenty-one different technical indicators which can help you to evaluate its performance. CPSE ETF has expected return of -0.0174%. Please be advised to confirm CPSE ETF Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if CPSE ETF past performance will be repeated at future time.
Horizon     30 Days    Login   to change

CPSE ETF Relative Risk vs. Return Landscape

If you would invest  2,732  in CPSE ETF on August 21, 2018 and sell it today you would lose (13.00)  from holding CPSE ETF or give up 0.48% of portfolio value over 30 days. CPSE ETF is generating negative expected returns and assumes 0.9506% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than CPSE ETF 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, CPSE ETF is expected to under-perform the market. In addition to that, the company is 2.41 times more volatile than its market benchmark. It trades about -0.02 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.26 per unit of volatility.

CPSE ETF Market Risk Analysis

Sharpe Ratio = -0.0183
Good Returns
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Negative ReturnsCPSEETF

CPSE ETF Relative Performance Indicators

Estimated Market Risk
  actual daily
 92 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average CPSE ETF 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 CPSE ETF by adding it to a well-diversified portfolio.

CPSE ETF Performance Rating

CPSE ETF Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days CPSE ETF has generated negative risk-adjusted returns adding no value to investors with long positions.


Equity Alerts and Improvement Suggestions

CPSE ETF generates negative expected return over the last 30 days
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