ICICI Pru (India) Manager Performance Evaluation

F00000MI91 -- India Fund  

INR 10.55  0.00  0.00%

The entity retains Market Volatility (i.e. Beta) of -0.0333 which attests that as returns on market increase, returns on owning ICICI Pru are expected to decrease at a much smaller rate. During bear market, ICICI Pru is likely to outperform the market.. Although it is extremely important to respect ICICI Pru Regular 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 Regular technical indicators you can right now evaluate if the expected return of 0.1269% will be sustainable into the future.
Horizon     30 Days    Login   to change

ICICI Pru Regular Relative Risk vs. Return Landscape

If you would invest  1,051  in ICICI Pru Regular Income HY Div on August 25, 2018 and sell it today you would earn a total of  4.00  from holding ICICI Pru Regular Income HY Div or generate 0.38% return on investment over 30 days. ICICI Pru Regular Income HY Div is generating 0.1269% of daily returns and assumes 0.2197% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than ICICI Pru Regular Income HY Div and 98% 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, ICICI Pru Regular Income HY Div is expected to generate 1.04 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.9 times less risky than the market. It trades about 0.58 of its potential returns per unit of risk. The DOW is currently generating roughly 0.32 of returns per unit of risk over similar time horizon.

ICICI Pru Current Valuation

Not valued
September 24, 2018
10.55
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
ICICI Pru is Unknown risk asset. ICICI Pru Regular regular Real Value cannot be determined due to lack of data. The prevalent price of ICICI Pru Regular is 10.55. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of ICICI Pru Regular 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 = 0.5774
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ICICI Pru Relative Performance Indicators

Estimated Market Risk
 0.22
  actual daily
 
 98 %
of total potential
  
Expected Return
 0.13
  actual daily
 
 2 %
of total potential
  
Risk-Adjusted Return
 0.58
  actual daily
 
 38 %
of total potential
  
Based on monthly moving average ICICI Pru is performing at about 38% 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 ICICI Pru by adding it to a well-diversified portfolio.

ICICI Pru Performance Rating

ICICI Pru Regular Income HY Div Risk Adjusted Performance Analysis

38 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in ICICI Pru Regular Income HY Div are ranked lower than 38 (%) of all funds and portfolios of funds over the last 30 days.

ICICI Pru Alerts

Equity Alerts and Improvement Suggestions

The fund retains about 11.13% of its assets under management (AUM) in cash
Additionally see Investing Opportunities. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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