Aditya Birla (India) Manager Performance Evaluation

0P0000NNDK -  India Fund  

INR 90.34  3.42  3.93%

The fund shows a Beta (market volatility) of -0.1202, which signifies not very significant fluctuations relative to the market. Let's try to break down what Aditya's beta means in this case. As returns on the market increase, returns on owning Aditya Birla are expected to decrease at a much lower rate. During the bear market, Aditya Birla is likely to outperform the market. Although it is extremely important to respect Aditya Birla Sun historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing 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 Aditya Birla Sun technical indicators, you can presently evaluate if the expected return of 0.24% will be sustainable into the future.

Aditya Fund Performance 

 
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Aditya Performance
13 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Aditya Birla Sun are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. Despite quite weak basic indicators, Aditya Birla disclosed solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low41.70
Fifty Two Week High74.68

Aditya Birla Relative Risk vs. Return Landscape

If you would invest  8,375  in Aditya Birla Sun on October 19, 2021 and sell it today you would earn a total of  317.00  from holding Aditya Birla Sun or generate 3.79% return on investment over 90 days. Aditya Birla Sun is generating 0.2403% of daily returns and assumes 1.2868% volatility on return distribution over the 90 days horizon. Simply put, 11% of funds are less volatile than Aditya, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days trading horizon Aditya Birla is expected to generate 2.06 times more return on investment than the market. However, the company is 2.06 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The DOW is currently generating roughly 0.22 per unit of risk.

Aditya Birla Current Valuation

Overvalued
Today
90.34
17th of January 2022
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Please note that Aditya Birla's price fluctuation is very steady at this time.
Aditya Birla Sun shows a prevailing Real Value of 87.74 per share. The current price of the fund is 90.34. At this time, the entity appears to be overvalued. We determine the value of Aditya Birla Sun from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor picking up undervalued instruments and discarding overvalued instruments since, at some point, stock prices and their ongoing real values will blend.
Our valuation method for Aditya Birla Sun is useful when determining the fair value of the Aditya fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Aditya Birla. Since Aditya Birla is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Aditya Fund. However, Aditya Birla's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
87.74
Real Value
99.37
Upside
Estimating the potential upside or downside of Aditya Birla Sun helps investors to forecast how Aditya fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Aditya Birla more accurately as focusing exclusively on Aditya Birla's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
83.8287.3990.96
Details
Hype
Prediction
LowEstimated ValueHigh
89.0590.3491.63
Details

Aditya Birla Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aditya Birla's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Aditya Birla Sun, and traders can use it to determine the average amount a Aditya Birla's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1868

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Estimated Market Risk
 1.29
  actual daily
 
 11 %
of total potential
 
1111
Expected Return
 0.24
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.19
  actual daily
 
 13 %
of total potential
 
1313
Based on monthly moving average Aditya Birla is performing at about 13% 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 Aditya Birla by adding it to a well-diversified portfolio.

About Aditya Birla Performance

To evaluate Aditya Birla Sun Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Aditya Birla 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 Aditya Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Aditya Birla Sun 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 Aditya'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.
To maximize wealth by actively managing a diversified equity portfolio. Aditya Birla is traded on Bombay Stock Exchange in India.

Things to note about Aditya Birla Sun

Checking the ongoing alerts about Aditya Birla for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aditya Birla Sun help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Aditya Birla Alerts

Equity Alerts and Improvement Suggestions

Aditya Birla Sun is unlikely to experience financial distress in the next 2 years
The fund holds about 15.05% of its total net assets in cash
Please continue to Trending Equities. Note that the Aditya Birla Sun information on this page should be used as a complementary analysis to other Aditya Birla's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Tools for Aditya Fund

When running Aditya Birla Sun price analysis, check to measure Aditya Birla's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aditya Birla is operating at the current time. Most of Aditya Birla's value examination focuses on studying past and present price action to predict the probability of Aditya Birla's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Aditya Birla's price. Additionally, you may evaluate how the addition of Aditya Birla to your portfolios can decrease your overall portfolio volatility.
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