Principal Tax (India) Manager Performance Evaluation

F0GBR06S29 -- India Fund  

INR 198.01  6.06  0.03%

The fund holds Beta of -0.0512 which implies as returns on market increase, returns on owning Principal Tax are expected to decrease at a much smaller rate. During bear market, Principal Tax is likely to outperform the market. Even though it is essential to pay attention to Principal Tax Savings current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting 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. Principal Tax Savings exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Principal Tax Savings Relative Risk vs. Return Landscape

If you would invest  20,143  in Principal Tax Savings Reg on December 20, 2018 and sell it today you would lose (342.00)  from holding Principal Tax Savings Reg or give up 1.7% of portfolio value over 30 days. Principal Tax Savings Reg is generating negative expected returns and assumes 0.9803% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than Principal Tax 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, Principal Tax is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.99 times less risky than the market. the firm trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly 0.02 of returns per unit of risk over similar time horizon.

Principal Tax Current Valuation

Not valued
January 19, 2019
198.01
Market Value
0.00
Real Value
Target Odds
Odds Odds
0.00
Upside
Principal Tax is Unknown risk asset. Principal Tax Savings recent Real Value cannot be determined due to lack of data. The prevailing price of Principal Tax Savings is 198.01. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Principal Tax Savings from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.

Principal Tax Market Risk Analysis

Sharpe Ratio = -0.5774
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Negative ReturnsF0GBR06S29

Principal Tax Relative Performance Indicators

Estimated Market Risk
 0.98
  actual daily
 
 8 %
of total potential
 
8
Expected Return
 -0.57
  actual daily
 
 0 %
of total potential
 
0
Risk-Adjusted Return
 -0.58
  actual daily
 
 0 %
of total potential
 
0
Based on monthly moving average Principal Tax 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 Principal Tax by adding it to a well-diversified portfolio.

Principal Tax Performance Rating

Principal Tax Savings Reg Risk Adjusted Performance Analysis

0

Risk-Adjusted Fund Performance

Over the last 30 days Principal Tax Savings Reg has generated negative risk-adjusted returns adding no value to fund investors.

Principal Tax Alerts

Equity Alerts and Improvement Suggestions

Principal Tax is not yet fully synchronised with the market data
Principal Tax generates negative expected return over the last 30 days
The fund retains about 5.77% of its assets under management (AUM) in cash

Principal Tax Performance Indicators

Principal Tax Savings Basic Price Performance Measures

Fifty Two Week Low201.7200
Fifty Two Week High201.7200
Annual Report Expense Ratio2.76%
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