Mirae Asset (India) Manager Performance Evaluation

F00000PD2B -- India Fund  

INR 52.20  0.71  1.38%

The fund secures Beta (Market Risk) of 0.1028 which conveys that as returns on market increase, Mirae Asset returns are expected to increase less than the market. However during bear market, the loss on holding Mirae Asset will be expected to be smaller as well. Although it is extremely important to respect Mirae Asset Emerging 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 Emerging technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Horizon     30 Days    Login   to change

Mirae Asset Emerging Relative Risk vs. Return Landscape

If you would invest  5,220  in Mirae Asset Emerging Bluechip Dir Gr on January 20, 2019 and sell it today you would earn a total of  0.00  from holding Mirae Asset Emerging Bluechip Dir Gr or generate 0.0% return on investment over 30 days. Mirae Asset Emerging Bluechip 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 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 (%) 

Mirae Asset Current Valuation

Not valued
February 19, 2019
Market Value
Real Value
Target Odds
Odds Odds
Mirae Asset is Unknown risk asset. Mirae Asset Emerging last-minute Real Value cannot be determined due to lack of data. The latest price of Mirae Asset Emerging is 52.2. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Mirae Asset Emerging 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 = 0.0
Good Returns
Average Returns
Small Returns
Based on monthly moving average Mirae Asset 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 Mirae Asset by adding it to a well-diversified portfolio.

Mirae Asset Performance Rating

Mirae Asset Emerging Bluechip Dir Gr Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days Mirae Asset Emerging Bluechip Dir Gr has generated negative risk-adjusted returns adding no value to fund investors.

Mirae Asset Alerts

Equity Alerts and Improvement Suggestions

Mirae Asset Emerging is not yet fully synchronised with the market data
The fund retains about 6.76% of its assets under management (AUM) in cash

Mirae Asset Performance Indicators

Mirae Asset Emerging Basic Price Performance Measures

Fifty Two Week Low50.7000
Fifty Two Week High54.1920
Additionally see Investing Opportunities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
Search macroaxis.com