India Etf Performance

INDL -  USA Etf  

USD 65.38  0.44  0.67%

The etf retains a Market Volatility (i.e., Beta) of 1.1626, which attests to a somewhat significant risk relative to the market. Let's try to break down what India's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, India Bull will likely underperform. Although it is vital to follow India Bull 3X current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating India Bull 3X technical indicators, you can presently evaluate if the expected return of 0.39% will be sustainable into the future.

India Etf Performance 

 
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 India Performance
18 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in India Bull 3X are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady fundamental indicators, India Bull revealed solid returns over the last few months and may actually be approaching a breakup point. ...more

India Price Channel

Fifty Two Week Low30.28
Fifty Two Week High66.62

India Bull Relative Risk vs. Return Landscape

If you would invest  5,177  in India Bull 3X on July 22, 2021 and sell it today you would earn a total of  1,405  from holding India Bull 3X or generate 27.14% return on investment over 90 days. India Bull 3X is currently generating 0.3871% in daily expected returns and assumes 1.5119% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than India, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days India Bull is expected to generate 2.11 times more return on investment than the market. However, the company is 2.11 times more volatile than its market benchmark. It trades about 0.26 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

India Bull Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for India Bull's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as India Bull 3X, and traders can use it to determine the average amount a India Bull'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 = 0.256

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Estimated Market Risk
 1.51
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 0.39
  actual daily
 
 7 %
of total potential
 
77
Risk-Adjusted Return
 0.26
  actual daily
 
 18 %
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1818
Based on monthly moving average India Bull is performing at about 18% 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 India Bull by adding it to a well-diversified portfolio.

About India Bull Performance

To evaluate India Bull 3X Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when India Bull 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 India Etf'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 India Bull 3X 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 India'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.
The investment seeks daily leveraged investment results, before fees and expenses, of 200 percent of the daily performance of the MSCI India Index. India Bull is traded on NYSEArca Exchange in the United States.

Things to note about India Bull 3X

Checking the ongoing alerts about India Bull for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for India Bull 3X help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

India Bull Alerts

Equity Alerts and Improvement Suggestions

India Bull 3X is unlikely to experience financial distress in the next 2 years
This fund created-11.0 ten year return of -11.0%
Please see Risk vs Return Analysis. Note that the India Bull 3X information on this page should be used as a complementary analysis to other India Bull'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 CEO Directory module to screen CEOs from public companies around the world.

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When running India Bull 3X price analysis, check to measure India Bull'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 India Bull is operating at the current time. Most of India Bull's value examination focuses on studying past and present price action to predict the probability of India Bull's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move India Bull's price. Additionally, you may evaluate how the addition of India Bull to your portfolios can decrease your overall portfolio volatility.
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The market value of India Bull 3X is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Bull's value that differs from its market value or its book value, called intrinsic value, which is India Bull's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Bull's market value can be influenced by many factors that don't directly affect India Bull 3X underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Bull's value and its price as these two are different measures arrived at by different means. Investors typically determine India Bull value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Bull's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.