The organization shows Beta (market volatility) of 0.0188 which denotes to the fact that as returns on market increase, DHFL Pramerica returns are expected to increase less than the market. However during bear market, the loss on holding DHFL Pramerica will be expected to be smaller as well. Even though it is essential to pay attention to DHFL Pramerica Midcap historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach into predicting 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. DHFL Pramerica Midcap Opp Fund Dir Gr exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
DHFL Pramerica Midcap Relative Risk vs. Return LandscapeIf you would invest 1,812 in DHFL Pramerica Midcap Opp Fund Dir Gr on January 24, 2019 and sell it today you would lose (84.00) from holding DHFL Pramerica Midcap Opp Fund Dir Gr or give up 4.64% of portfolio value over 30 days. DHFL Pramerica Midcap Opp Fund Dir Gr is generating negative expected returns and assumes 0.9862% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than DHFL Pramerica and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
DHFL Pramerica Current Valuation
DHFL Pramerica is Unknown risk asset. DHFL Pramerica Midcap prevailing Real Value cannot be determined due to lack of data. The current price of DHFL Pramerica Midcap is 17.28. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of DHFL Pramerica Midcap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since in the future assets prices and their ongoing real values will submerge.
DHFL Pramerica Market Risk Analysis
Sharpe Ratio = -0.1185
DHFL Pramerica Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days DHFL Pramerica Midcap Opp Fund Dir Gr has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||16.9800|
|Fifty Two Week High||21.4800|
|Annual Report Expense Ratio||1.66%|