The fund owns Beta (Systematic Risk) of -0.0649 which attests that as returns on market increase, returns on owning IDBI ST are expected to decrease at a much smaller rate. During bear market, IDBI ST is likely to outperform the market.. 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 0.188% will be sustainable into the future.
|Horizon||30 Days Login to change|
IDBI ST Bond Relative Risk vs. Return LandscapeIf you would invest 1,773 in IDBI ST Bond Gr on November 19, 2018 and sell it today you would earn a total of 10.00 from holding IDBI ST Bond Gr or generate 0.56% return on investment over 30 days. IDBI ST Bond Gr is generating 0.188% of daily returns and assumes 0.3256% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than IDBI ST Bond Gr and 97% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IDBI ST Current Valuation
December 19, 2018
IDBI ST is Unknown risk asset. IDBI ST Bond latest Real Value cannot be determined due to lack of data. The recent price of IDBI ST Bond is 17.83. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of IDBI ST Bond from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to invest in undervalued equities and to sell overvalued equities since in the future instruments prices and their ongoing real values will blend.
IDBI ST Market Risk Analysis
Sharpe Ratio = 0.5774
IDBI ST Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in IDBI ST Bond Gr are ranked lower than 38 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||16.9732|
|Fifty Two Week High||17.4494|
|Annual Report Expense Ratio||1.02%|