Nippon India (India) Performance
| GILT5YBEES | 59.85 0.05 0.08% |
The etf secures a Beta (Market Risk) of 0.0289, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nippon India's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nippon India is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Nippon India ETF are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong technical and fundamental indicators, Nippon India is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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Nippon India Relative Risk vs. Return Landscape
If you would invest 5,875 in Nippon India ETF on December 17, 2024 and sell it today you would earn a total of 110.00 from holding Nippon India ETF or generate 1.87% return on investment over 90 days. Nippon India ETF is generating 0.0307% of daily returns and assumes 0.239% volatility on return distribution over the 90 days horizon. Simply put, 2% of etfs are less volatile than Nippon, and 99% 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 ETF, 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 = 0.1284
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| Negative Returns | GILT5YBEES |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other 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.