Mirae Asset (India) Manager Performance Evaluation

F00000213C -- India Fund  

INR 1,120  0.000015  0.00%

The fund secures Beta (Market Risk) of -0.0021 which conveys that as returns on market increase, returns on owning Mirae Asset are expected to decrease at a much smaller rate. During bear market, Mirae Asset is likely to outperform the market. Although it is extremely important to respect Mirae Asset UST price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating 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 Mirae Asset UST technical indicators you can presently evaluate if the expected return of 0.0039% will be sustainable into the future.
Horizon     30 Days    Login   to change

Mirae Asset UST Relative Risk vs. Return Landscape

If you would invest  111,846  in Mirae Asset UST Instl Wk Div on January 22, 2019 and sell it today you would earn a total of  143.00  from holding Mirae Asset UST Instl Wk Div or generate 0.13% return on investment over 30 days. Mirae Asset UST Instl Wk Div is generating 0.0039% of daily returns and assumes 0.0655% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Mirae Asset 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, Mirae Asset is expected to generate 132.36 times less return on investment than the market. But when comparing it to its historical volatility, the company is 27.71 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 0.28 of returns per unit of risk over similar time horizon.

Mirae Asset Current Valuation

Not valued
February 21, 2019
1,120
Market Value
0.00
Real Value
Target Odds
Odds Odds
0.00
Upside
Mirae Asset is Unknown risk asset. Mirae Asset UST last-minute Real Value cannot be determined due to lack of data. The latest price of Mirae Asset UST is 1119.89. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Mirae Asset UST from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.

Mirae Asset Market Risk Analysis

Sharpe Ratio = 0.0595
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F00000213C
Based on monthly moving average Mirae Asset is performing at about 3% 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 Mirae Asset by adding it to a well-diversified portfolio.

Mirae Asset Performance Rating

Mirae Asset UST Instl Wk Div Risk Adjusted Performance Analysis

3

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Mirae Asset UST Instl Wk Div are ranked lower than 3 (%) of all funds and portfolios of funds over the last 30 days.

Mirae Asset Alerts

Equity Alerts and Improvement Suggestions

Mirae Asset UST is not yet fully synchronised with the market data
The fund retains about 43.89% of its assets under management (AUM) in cash

Mirae Asset Performance Indicators

Mirae Asset UST Basic Price Performance Measures

Fifty Two Week Low1,116.2200
Fifty Two Week High1,120.6500
Annual Report Expense Ratio0.79%
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