ICICI Pru (India) Manager Performance Evaluation

F00000PI71 -- India Fund  

 53.73  0.07  0.13%

The entity retains Market Volatility (i.e. Beta) of -0.6773 which attests that as returns on market increase, returns on owning ICICI Pru are expected to decrease at a much smaller rate. During bear market, ICICI Pru is likely to outperform the market.. Even though it is essential to pay attention to ICICI Pru Advisor current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis approach towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ICICI Pru Advisor exposes twenty different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

ICICI Pru Advisor Relative Risk vs. Return Landscape

If you would invest  5,381  in ICICI Pru Advisor Moderate Dir Div on August 23, 2018 and sell it today you would lose (8.00)  from holding ICICI Pru Advisor Moderate Dir Div or give up 0.15% of portfolio value over 30 days. ICICI Pru Advisor Moderate Dir Div is generating negative expected returns and assumes 0.1137% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than ICICI Pru Advisor Moderate Dir Div and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, ICICI Pru Advisor Moderate Dir Div is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 3.98 times less risky than the market. the firm trades about -0.26 of its potential returns per unit of risk. The DOW is currently generating roughly 0.44 of returns per unit of risk over similar time horizon.

ICICI Pru Market Risk Analysis

Sharpe Ratio = -0.2612
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ICICI Pru Relative Performance Indicators

Estimated Market Risk
 0.11
  actual daily
 
 99 %
of total potential
  
Expected Return
 -0.03
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.26
  actual daily
 
 1 %
of total potential
  
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 portfolio.

ICICI Pru Performance Rating

ICICI Pru Advisor Moderate Dir Div Risk Adjusted Performance Analysis

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Risk-Adjusted Fund Performance

Over the last 30 days ICICI Pru Advisor Moderate Dir Div has generated negative risk-adjusted returns adding no value to fund investors.

ICICI Pru Alerts

Equity Alerts and Improvement Suggestions

ICICI Pru Advisor generates negative expected return over the last 30 days
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