Kotak Nifty (India) Performance
| KOTAKMID50 | 159.55 0.00 0.00% |
The etf secures a Beta (Market Risk) of 1.84, 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, Kotak Nifty will likely underperform.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Kotak Nifty Midcap are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak fundamental indicators, Kotak Nifty demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Kotak |
Kotak Nifty Relative Risk vs. Return Landscape
If you would invest 13,262 in Kotak Nifty Midcap on September 4, 2024 and sell it today you would earn a total of 2,693 from holding Kotak Nifty Midcap or generate 20.31% return on investment over 90 days. Kotak Nifty Midcap is generating 0.3275% of daily returns and assumes 2.5789% volatility on return distribution over the 90 days horizon. Simply put, 22% of etfs are less volatile than Kotak, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kotak Nifty Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kotak Nifty's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Kotak Nifty Midcap, and traders can use it to determine the average amount a Kotak Nifty'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 = 0.127
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Kotak Nifty 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 Kotak Nifty by adding it to a well-diversified portfolio.