The organization shows Beta (market volatility) of -0.0292 which signifies that as returns on market increase, returns on owning Axis Dynamic are expected to decrease at a much smaller rate. During bear market, Axis Dynamic is likely to outperform the market. Although it is extremely important to respect Axis Dynamic Bond historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing 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 Axis Dynamic Bond technical indicators you can presently evaluate if the expected return of 0.0104% will be sustainable into the future.
|Horizon||30 Days Login to change|
Axis Dynamic Bond Relative Risk vs. Return LandscapeIf you would invest 1,977 in Axis Dynamic Bond Dir Gr on January 20, 2019 and sell it today you would earn a total of 7.17 from holding Axis Dynamic Bond Dir Gr or generate 0.36% return on investment over 30 days. Axis Dynamic Bond Dir Gr is generating 0.0104% of daily returns and assumes 0.1205% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than Axis Dynamic and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Axis Dynamic Current Valuation
Axis Dynamic is Unknown risk asset. Axis Dynamic Bond prevailing Real Value cannot be determined due to lack of data. The current price of Axis Dynamic Bond is 19.85. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of Axis Dynamic Bond from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Axis Dynamic Market Risk Analysis
Sharpe Ratio = 0.0864
Axis Dynamic Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in Axis Dynamic Bond Dir Gr are ranked lower than 5 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||18.3716|
|Fifty Two Week High||19.8451|
|Annual Report Expense Ratio||0.63%|