SBI Magnum (India) Manager Performance Evaluation

F000000I4H -- India Fund  

INR 139.34  1.31  0.95%

The entity has beta of 0.0882 which indicates as returns on market increase, SBI Magnum returns are expected to increase less than the market. However during bear market, the loss on holding SBI Magnum will be expected to be smaller as well. . Although it is extremely important to respect SBI Magnum Tax current price movements, it is better to be realistic regarding the information on equity historical returns. The way of measuring 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 SBI Magnum Tax technical indicators you can today evaluate if the expected return of 0.0513% will be sustainable into the future.
Horizon     30 Days    Login   to change

SBI Magnum Tax Relative Risk vs. Return Landscape

If you would invest  13,661  in SBI Magnum Tax Gain 93 Reg Gr on December 17, 2018 and sell it today you would earn a total of  273.00  from holding SBI Magnum Tax Gain 93 Reg Gr or generate 2.0% return on investment over 30 days. SBI Magnum Tax Gain 93 Reg Gr is generating 0.0513% of daily returns and assumes 0.7933% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than SBI Magnum Tax 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, SBI Magnum Tax is expected to generate 0.39 times more return on investment than the market. However, the company is 2.54 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

SBI Magnum Current Valuation

Overvalued
January 16, 2019
139.34
Market Value
119.55
Downside
121.92
Real Value
Target Odds
Odds Odds
153.27
Upside
SBI Magnum is not too risky asset. SBI Magnum Tax has current Real Value of 121.92 per share. The regular price of the fund is 139.34. At this time the entity appears to be overvalued. We determine the value of SBI Magnum Tax from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since in the future securities prices and their ongoing real values will draw towards each other.

SBI Magnum Market Risk Analysis

Sharpe Ratio = 0.0647
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SBI Magnum Relative Performance Indicators

Estimated Market Risk
 0.79
  actual daily
 
 7 %
of total potential
 
7
Expected Return
 0.05
  actual daily
 
 0 %
of total potential
 
0
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
4
Based on monthly moving average SBI Magnum is performing at about 4% 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 SBI Magnum by adding it to a well-diversified portfolio.

SBI Magnum Performance Rating

SBI Magnum Tax Gain 93 Reg Gr Risk Adjusted Performance Analysis

4

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in SBI Magnum Tax Gain 93 Reg Gr are ranked lower than 4 (%) of all funds and portfolios of funds over the last 30 days.

SBI Magnum Alerts

Equity Alerts and Improvement Suggestions

The fund retains about 8.6% of its assets under management (AUM) in cash

SBI Magnum Performance Indicators

SBI Magnum Tax Basic Price Performance Measures

Fifty Two Week Low125.9450
Fifty Two Week High155.0550
Annual Report Expense Ratio2.25%
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