Nippon India (India) Performance
| NETFCONSUM | 128.47 0.00 0.00% |
The etf secures a Beta (Market Risk) of 6.69, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nippon India will likely underperform.
Risk-Adjusted Performance
10 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Nippon India Mutual are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Nippon India displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Nippon India Relative Risk vs. Return Landscape
If you would invest 7,222 in Nippon India Mutual on October 12, 2024 and sell it today you would earn a total of 5,625 from holding Nippon India Mutual or generate 77.89% return on investment over 90 days. Nippon India Mutual is generating 1.2768% of daily returns and assumes 9.9724% volatility on return distribution over the 90 days horizon. Simply put, 88% of etfs are less volatile than Nippon, and 75% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Nippon India Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nippon India's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nippon India Mutual, and traders can use it to determine the average amount a Nippon India'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 = 0.128
| Best Portfolio | Best Equity | |||
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Estimated Market Risk
| 9.97 actual daily | 88 88% of assets are less volatile |
Expected Return
| 1.28 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Nippon India is performing at about 10% 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 Nippon India by adding it to a well-diversified portfolio.