NIFTY GS (India) Performance

NIFTYGS10YRCLN -- India Index  

 954.71  0.45  0.0471%

The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NIFTY GS are completely uncorrelated. Although it is extremely important to respect NIFTY GS 10YR price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating NIFTY GS 10YR technical indicators you can today evaluate if the expected return of 0.119% will be sustainable into the future.

NIFTY GS 10YR Relative Risk vs. Return Landscape

If you would invest  93,583  in NIFTY GS 10YR CLN on January 23, 2020 and sell it today you would earn a total of  1,888  from holding NIFTY GS 10YR CLN or generate 2.02% return on investment over 30 days. NIFTY GS 10YR CLN is generating 0.119% of daily returns and assumes 0.5463% volatility on return distribution over the 30 days horizon. Simply put, 4% of equities are less volatile than NIFTY GS and 98% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
  Risk (%) 
Assuming 30 trading days horizon, NIFTY GS is expected to generate 0.68 times more return on investment than the market. However, the company is 1.48 times less risky than the market. It trades about 0.22 of its potential returns per unit of risk. The DOW is currently generating roughly 0.07 per unit of risk.

NIFTY GS Market Risk Analysis

Sharpe Ratio = 0.2178
Good Returns
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NIFTY GS Relative Performance Indicators

Estimated Market Risk
  actual daily
 4 %
of total potential
Expected Return
  actual daily
 2 %
of total potential
Risk-Adjusted Return
  actual daily
 14 %
of total potential
Based on monthly moving average NIFTY GS is performing at about 14% 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 NIFTY GS by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

NIFTY GS 10YR is not yet fully synchronised with the market data
Additionally see Stocks Correlation. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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