The entity has beta of 0.0 which indicates the returns on MARKET and SBI Life are completely uncorrelated. Although it is extremely important to respect SBI Life Equity current price movements, it is better to be realistic regarding the information on equity historical returns. The way of measuring 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 analyzing SBI Life Equity 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|
SBI Life Equity Relative Risk vs. Return LandscapeIf you would invest 0.00 in SBI Life Equity on January 19, 2019 and sell it today you would earn a total of 0.00 from holding SBI Life Equity or generate 0.0% return on investment over 30 days. SBI Life Equity 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 SBI Life and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SBI Life Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days SBI Life Equity has generated negative risk-adjusted returns adding no value to fund investors.