The entity retains Market Volatility (i.e. Beta) of 0.0045 which attests that as returns on market increase, ICICI Pru returns are expected to increase less than the market. However during bear market, the loss on holding ICICI Pru will be expected to be smaller as well. Although it is extremely important to respect ICICI Pru Equity current price history, it is better to be realistic regarding the information on equity current price movements. The approach towards determining 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 inspecting ICICI Pru Equity technical indicators you can right now evaluate if the expected return of 0.0151% will be sustainable into the future.
|Horizon||30 Days Login to change|
ICICI Pru Equity Relative Risk vs. Return LandscapeIf you would invest 1,352 in ICICI Pru Equity Arbitrage Div on January 20, 2019 and sell it today you would earn a total of 8.76 from holding ICICI Pru Equity Arbitrage Div or generate 0.65% return on investment over 30 days. ICICI Pru Equity Arbitrage Div is generating 0.0151% of daily returns and assumes 0.1587% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than ICICI Pru and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
ICICI Pru Current Valuation
ICICI Pru is not too risky asset. ICICI Pru Equity retains regular Real Value of 13.61 per share. The prevalent price of the fund is 13.61. At this time the entity appears to be fairly valued. We determine the value of ICICI Pru Equity 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.
ICICI Pru Market Risk Analysis
Sharpe Ratio = 0.0954
ICICI Pru Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in ICICI Pru Equity Arbitrage Div are ranked lower than 6 (%) of all funds and portfolios of funds over the last 30 days.
|The fund retains about 58.44% of its assets under management (AUM) in cash|
|Fifty Two Week Low||13.5801|
|Fifty Two Week High||13.7998|
|Annual Report Expense Ratio||1.04%|