The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IDBI Liquid are completely uncorrelated. Although it is extremely important to respect IDBI Liquid Dir
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The approach into 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 examining IDBI Liquid Dir 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 IDBI Liquid Dir Gr has generated negative risk-adjusted returns adding no value to fund investors. Inspite very unfluctuating forward-looking indicators, IDBI Liquid is not utilizing all of its potentials. The current stock price disarray, may contribute to short term momentum losses for the insiders.
|Fifty Two Week Low||1,894.98|
|Fifty Two Week High||1,999.77|
|Annual Report Expense Ratio||0.12%|
IDBI Liquid Dir Relative Risk vs. Return Landscape
If you would invest (100.00)
in IDBI Liquid Dir Gr on June 22, 2019
and sell it today you would earn a total of 100.00
from holding IDBI Liquid Dir Gr or generate -100.0%
return on investment over 30
days. IDBI Liquid Dir Gr 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 IDBI Liquid and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IDBI Liquid Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IDBI Liquid 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 IDBI Liquid
by adding it to a well-diversified