The entity retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and ICICI Pru are completely uncorrelated. 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 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days ICICI Pru Regular Income HY Div has generated negative risk-adjusted returns adding no value to fund investors. Even with considerably steady technical indicators, ICICI Pru is not utilizing all of its potentials. The current stock price chaos, may contribute to medium term losses for the stakeholders.
|Fifty Two Week Low||10.40|
|Fifty Two Week High||10.80|
|Annual Report Expense Ratio||2.25%|
ICICI Pru Regular Relative Risk vs. Return Landscape
If you would invest (100.00)
in ICICI Pru Regular Income HY Div on June 22, 2019
and sell it today you would earn a total of 100.00
from holding ICICI Pru Regular Income HY Div or generate -100.0%
return on investment over 30
days. ICICI Pru Regular Income HY Div is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% 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 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average ICICI Pru 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 ICICI Pru
by adding it to a well-diversified