The entity has beta of 0.0529 which indicates as returns on market increase, Taurus Nifty returns are expected to increase less than the market. However during bear market, the loss on holding Taurus Nifty will be expected to be smaller as well. . Although it is extremely important to respect Taurus Nifty Index 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 Nifty Index 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 Nifty Index Relative Risk vs. Return LandscapeIf you would invest 1,878 in Taurus Nifty Index Gr on December 17, 2018 and sell it today you would earn a total of 0.00 from holding Taurus Nifty Index Gr or generate 0.0% return on investment over 30 days. Taurus Nifty Index Gr 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 Nifty Index and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Taurus Nifty Current Valuation
Taurus Nifty is Unknown risk asset. Taurus Nifty Index current Real Value cannot be determined due to lack of data. The regular price of Taurus Nifty Index is 18.78. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Taurus Nifty Index 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 Nifty Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Taurus Nifty Index Gr has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||18.4255|
|Fifty Two Week High||20.2619|
|Annual Report Expense Ratio||1.59%|