The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and MFIDFC D1 are completely uncorrelated. Although it is extremely important to respect MFIDFC-D1 price patterns, it is better to be realistic regarding the information on equity historical price patterns. The way of estimating 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 evaluating MFIDFC-D1 technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
MFIDFC-D1 Relative Risk vs. Return LandscapeIf you would invest 1,041 in MFIDFC-D1 on December 23, 2018 and sell it today you would earn a total of 0.00 from holding MFIDFC-D1 or generate 0.0% return on investment over 30 days. MFIDFC-D1 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 MFIDFC D1 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
MFIDFC D1 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days MFIDFC-D1 has generated negative risk-adjusted returns adding no value to fund investors.