The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Canara Robeco are completely uncorrelated. Although it is extremely important to respect Canara Robeco InDiGo
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 Canara Robeco InDiGo technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days Canara Robeco InDiGo Dir Gr has generated negative risk-adjusted returns adding no value to fund investors. Inspite very unfluctuating forward-looking indicators, Canara Robeco is not utilizing all of its potentials. The current stock price disarray, may contribute to short period losses for the insiders.
Canara Robeco InDiGo Relative Risk vs. Return Landscape
If you would invest (100.00)
in Canara Robeco InDiGo Dir Gr on May 17, 2019
and sell it today you would earn a total of 100.00
from holding Canara Robeco InDiGo Dir Gr or generate -100.0%
return on investment over 30
days. Canara Robeco InDiGo 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 Canara Robeco and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Canara Robeco Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Canara Robeco 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 Canara Robeco
by adding it to a well-diversified