|IDBIMIPQTDIV -- India Fund|| |
13.05 0.00 0.00%
The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IDBI MIP are completely uncorrelated. Although it is extremely important to respect IDBI MIP Qt
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 MIP Qt technical indicators
you can right now evaluate if the expected return of 0.0% will be sustainable into the future.
IDBI MIP Qt Relative Risk vs. Return Landscape
If you would invest 1,305
in IDBI MIP Qt Div on December 22, 2018
and sell it today you would earn a total of 0.00
from holding IDBI MIP Qt Div or generate 0.0%
return on investment over 30
days. IDBI MIP Qt 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 MIP and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IDBI MIP Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IDBI MIP 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 MIP
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days IDBI MIP Qt Div has generated negative risk-adjusted returns adding no value to fund investors.
|IDBI MIP Qt is not yet fully synchronised with the market data|