The entity has beta of 0.0 which indicates the returns on MARKET and Tata Resources are completely uncorrelated. Although it is extremely important to respect Tata Resources Energy
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards 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 inspecting Tata Resources Energy technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days Tata Resources Energy Dir Div Riv has generated negative risk-adjusted returns adding no value to fund investors. In defiance of relatively invariable forward-looking signals, Tata Resources is not utilizing all of its potentials. The current stock price agitation, may contribute to short term losses for the management.
Tata Resources Energy Relative Risk vs. Return Landscape
If you would invest (100.00)
in Tata Resources Energy Dir Div Riv on June 16, 2019
and sell it today you would earn a total of 100.00
from holding Tata Resources Energy Dir Div Riv or generate -100.0%
return on investment over 30
days. Tata Resources Energy Dir Div Riv 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 Tata Resources and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Tata Resources Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Tata Resources 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 Tata Resources
by adding it to a well-diversified