|MFIDFC-D1 -- India Fund|| |
10.41 0.00 0.00%
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.
Risk-Adjusted Fund Performance
Over the last 30 days MFIDFC-D1 has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, MFIDFC D1 is not utilizing all of its potentials. The new stock price disturbance, may contribute to short term losses for the investors.
MFIDFC-D1 Relative Risk vs. Return Landscape
If you would invest 1,041
in MFIDFC-D1 on June 20, 2019
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
Based on monthly moving average MFIDFC D1 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 MFIDFC D1
by adding it to a well-diversified