ICICI Pru (India) Manager Performance Evaluation

ICICIPRUMIP2 -- India Fund  

INR 12.45  0.02  0.16%

The entity retains Market Volatility (i.e. Beta) of 0.2901 which attests that as returns on market increase, ICICI Pru returns are expected to increase less than the market. However during bear market, the loss on holding ICICI Pru will be expected to be smaller as well.. Even though it is essential to pay attention to ICICI Pru MIP 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 MIP exposes twenty different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

ICICI Pru MIP Relative Risk vs. Return Landscape

If you would invest  1,256  in ICICI Pru MIP 25 HY Div on August 22, 2018 and sell it today you would lose (11.00)  from holding ICICI Pru MIP 25 HY Div or give up 0.88% of portfolio value over 30 days. ICICI Pru MIP 25 HY Div is generating negative expected returns and assumes 0.5056% volatility on return distribution over the 30 days horizon. Simply put, 4% of equities are less volatile than ICICI Pru MIP 25 HY 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 MIP 25 HY Div is expected to under-perform the market. In addition to that, the company is 1.29 times more volatile than its market benchmark. It trades about -0.58 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.32 per unit of volatility.

ICICI Pru Current Valuation

Not valued
September 21, 2018
12.45
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
ICICI Pru is Unknown risk asset. ICICI Pru MIP regular Real Value cannot be determined due to lack of data. The prevalent price of ICICI Pru MIP is 12.45. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of ICICI Pru MIP from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since in the future stocks prices and their ongoing real values will come together.

ICICI Pru Market Risk Analysis

Sharpe Ratio = -0.5774
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ICICI Pru Relative Performance Indicators

Estimated Market Risk
 0.51
  actual daily
 
 96 %
of total potential
  
Expected Return
 -0.29
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.58
  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 MIP 25 HY Div Risk Adjusted Performance Analysis

0 

Risk-Adjusted Fund Performance

Over the last 30 days ICICI Pru MIP 25 HY Div has generated negative risk-adjusted returns adding no value to fund investors.

ICICI Pru Alerts

Equity Alerts and Improvement Suggestions

ICICI Pru MIP generates negative expected return over the last 30 days
The fund retains about 20.37% of its assets under management (AUM) in cash
Please also check Risk vs Return Analysis. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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