The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IDBI ST are completely uncorrelated. Although it is extremely important to respect IDBI ST Bond
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 ST Bond 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 ST Bond Gr has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, IDBI ST is not utilizing all of its potentials. The continuing stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||17.3079|
|Fifty Two Week High||17.4494|
|Annual Report Expense Ratio||1.02%|
IDBI ST Bond Relative Risk vs. Return Landscape
If you would invest (100.00)
in IDBI ST Bond Gr on April 23, 2019
and sell it today you would earn a total of 100.00
from holding IDBI ST Bond Gr or generate -100.0%
return on investment over 30
days. IDBI ST Bond Gr 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 ST and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IDBI ST Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IDBI ST 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 ST
by adding it to a well-diversified