Icici Prudential (India) Performance
| FMCGIETF | 59.08 0.64 1.07% |
The etf retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Icici Prudential's returns are expected to increase less than the market. However, during the bear market, the loss of holding Icici Prudential is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Icici Prudential Nifty has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Etf's technical and fundamental indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
Icici |
Icici Prudential Relative Risk vs. Return Landscape
If you would invest 6,787 in Icici Prudential Nifty on September 14, 2024 and sell it today you would lose (815.00) from holding Icici Prudential Nifty or give up 12.01% of portfolio value over 90 days. Icici Prudential Nifty is generating negative expected returns and assumes 0.8871% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Icici, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Icici Prudential Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icici Prudential's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Icici Prudential Nifty, and traders can use it to determine the average amount a Icici Prudential'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 = -0.228
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FMCGIETF |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Icici Prudential is not performing at its full potential. However, 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 Icici Prudential by adding Icici Prudential to a well-diversified portfolio.
About Icici Prudential Performance
Assessing Icici Prudential's fundamental ratios provides investors with valuable insights into Icici Prudential's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Icici Prudential is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Icici Prudential is entity of India. It is traded as Etf on NSE exchange.| Icici Prudential generated a negative expected return over the last 90 days |
Other Information on Investing in Icici Etf
Icici Prudential financial ratios help investors to determine whether Icici Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icici with respect to the benefits of owning Icici Prudential security.