The entity has beta of -0.005 which indicates as returns on market increase, returns on owning Taurus Banking are expected to decrease at a much smaller rate. During bear market, Taurus Banking is likely to outperform the market. Although it is extremely important to respect Taurus Banking Fin 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 Taurus Banking Fin technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
Taurus Banking Fin Relative Risk vs. Return LandscapeIf you would invest 2,011 in Taurus Banking Fin Services Div on January 16, 2019 and sell it today you would earn a total of 0.00 from holding Taurus Banking Fin Services Div or generate 0.0% return on investment over 30 days. Taurus Banking Fin Services Div 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 Taurus Banking and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Taurus Banking Current Valuation
Taurus Banking is Unknown risk asset. Taurus Banking Fin current Real Value cannot be determined due to lack of data. The regular price of Taurus Banking Fin is 20.11. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Taurus Banking Fin from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.
Taurus Banking Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Taurus Banking Fin Services Div has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||19.6000|
|Fifty Two Week High||21.0600|
|Annual Report Expense Ratio||2.91%|