The organization shows Beta (market volatility) of -0.0369 which denotes to the fact that as returns on market increase, returns on owning First State are expected to decrease at a much smaller rate. During bear market, First State is likely to outperform the market.. Although it is essential to pay attention to First State Indian historical returns, it is also good to be reasonable about what you can actually do with equity current trending patterns. Macroaxis philosophy towards predicting future performance of any fund is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if First State Indian Subcontinent II expected return of 2.322 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
|Horizon||30 Days Login to change|
First State Indian Relative Risk vs. Return LandscapeIf you would invest 5,490 in First State Indian Subcontinent II on November 16, 2018 and sell it today you would earn a total of 509.00 from holding First State Indian Subcontinent II or generate 9.27% return on investment over 30 days. First State Indian Subcontinent II is generating 2.322% of daily returns and assumes 4.761% volatility on return distribution over the 30 days horizon. Simply put, 43% of equities are less volatile than First State Indian Subcontinent II and 57% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
First State Current Valuation
December 16, 2018
First State is Unknown risk asset. First State Indian prevailing Real Value cannot be determined due to lack of data. The current price of First State Indian is $59.79. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of First State Indian from reviewing 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 at some point assets prices and their ongoing real values will submerge.
First State Market Risk Analysis
Sharpe Ratio = 0.4877
First State Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in First State Indian Subcontinent II are ranked lower than 32 (%) of all funds and portfolios of funds over the last 30 days.