JM Basic (India) Manager Performance Evaluation

JMBASICDIRDI -- India Fund  

INR 19.98  1.18  5.58%

The fund owns Beta (Systematic Risk) of -0.0928 which attests that as returns on market increase, returns on owning JM Basic are expected to decrease at a much smaller rate. During bear market, JM Basic is likely to outperform the market. Although it is extremely important to respect JM Basic Dir existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are 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 inspecting JM Basic Dir technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
Horizon     30 Days    Login   to change

JM Basic Dir Relative Risk vs. Return Landscape

If you would invest  1,998  in JM Basic Dir Div on January 18, 2019 and sell it today you would earn a total of  0.00  from holding JM Basic Dir Div or generate 0.0% return on investment over 30 days. JM Basic Dir 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 JM Basic and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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JM Basic Current Valuation

Not valued
February 17, 2019
Market Value
Real Value
Target Odds
Odds Odds
JM Basic is Unknown risk asset. JM Basic Dir latest Real Value cannot be determined due to lack of data. The recent price of JM Basic Dir is 19.98. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of JM Basic Dir from inspecting 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 sooner or later instruments prices and their ongoing real values will blend.

JM Basic Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
Average Returns
Small Returns
Based on monthly moving average JM Basic 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 JM Basic by adding it to a well-diversified portfolio.

JM Basic Performance Rating

JM Basic Dir Div Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days JM Basic Dir Div has generated negative risk-adjusted returns adding no value to fund investors.

JM Basic Alerts

Equity Alerts and Improvement Suggestions

JM Basic Dir is not yet fully synchronised with the market data
The fund retains 99.28% of its assets under management (AUM) in equities
Please also check Risk vs Return Analysis. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.