NIFTY GS (India) Performance

NG
NIFTYGS4TO8YR -- India Index  

 2,317  1.24  0.05%

The index secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. Let's try to break down what NIFTY's beta means in this case. the returns on MARKET and NIFTY GS are completely uncorrelated. Although it is extremely important to respect NIFTY GS 4 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 4 technical indicators, you can today evaluate if the expected return of 0.13% will be sustainable into the future.

Search Index Performance

 
Refresh

NIFTY GS Relative Risk vs. Return Landscape

If you would invest  228,980  in NIFTY GS 4 8YR on June 6, 2020 and sell it today you would earn a total of  2,761  from holding NIFTY GS 4 8YR or generate 1.21% return on investment over 30 days. NIFTY GS 4 8YR is generating 0.1334% of daily returns and assumes 0.1888% volatility on return distribution over the 30 days horizon. Simply put, 1% 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 the 30 trading days horizon, NIFTY GS is expected to generate 1.72 times less return on investment than the market. But when comparing it to its historical volatility, the company is 9.85 times less risky than the market. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

NIFTY GS Market Risk Analysis

Sharpe Ratio = 0.7068
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashNIFTYGS4TO8YRAverage
Risk
High
Risk
Huge
Risk
Negative Returns

NIFTY GS Performance Indicators

Estimated Market Risk
 0.19
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 0.13
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.71
  actual daily
 
 48 %
of total potential
 
4848
Based on monthly moving average NIFTY GS is performing at about 48% 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.

About NIFTY GS Performance

To evaluate NIFTY GS 4 Index as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when NIFTY GS generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare NIFTY's stock performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand NIFTY GS 4 stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents NIFTY's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section. Please also refer to our technical analysis and fundamental analysis pages.

NIFTY GS Alerts

Equity Alerts and Improvement Suggestions

NIFTY GS 4 is not yet fully synchronised with the market data
Additionally, see Stocks Correlation. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page