The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IDBI Debt are completely uncorrelated. Although it is extremely important to respect IDBI Debt Opp
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The approach into determining 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 examining IDBI Debt Opp technical indicators
you can right now evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days IDBI Debt Opp Reg Qty Div has generated negative risk-adjusted returns adding no value to fund investors. In spite of comparatively unchanging essential indicators, IDBI Debt is not utilizing all of its potentials. The prevalent stock price uproar, may contribute to short-term losses for the leadership.
|Fifty Two Week Low||10.1262|
|Fifty Two Week High||10.7302|
|Annual Report Expense Ratio||1.22%|
IDBI Debt Opp Relative Risk vs. Return Landscape
If you would invest (100.00)
in IDBI Debt Opp Reg Qty Div on May 19, 2019
and sell it today you would earn a total of 100.00
from holding IDBI Debt Opp Reg Qty Div or generate -100.0%
return on investment over 30
days. IDBI Debt Opp Reg Qty Div 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 IDBI Debt and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IDBI Debt Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IDBI Debt 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 IDBI Debt
by adding it to a well-diversified