India Closed Fund Beta
| IFN Fund | USD 17.34 0.24 1.40% |
India Closed fundamentals help investors to digest information that contributes to India Closed's financial success or failures. It also enables traders to predict the movement of India Fund. The fundamental analysis module provides a way to measure India Closed's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to India Closed fund.
India |
India Closed Fund Beta Analysis
India Closed's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current India Closed Beta | 0.76 |
Most of India Closed's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, India Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, India Closed has a Beta of 0.76. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
India Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses India Closed's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of India Closed could also be used in its relative valuation, which is a method of valuing India Closed by comparing valuation metrics of similar companies.India Closed is currently under evaluation in beta among similar funds.
As returns on the market increase, India Closed's returns are expected to increase less than the market. However, during the bear market, the loss of holding India Closed is expected to be smaller as well.
India Fundamentals
| Return On Equity | -13.44 | ||||
| Return On Asset | -0.32 | ||||
| Operating Margin | (56.01) % | ||||
| Current Valuation | 445.88 M | ||||
| Shares Outstanding | 26.9 M | ||||
| Shares Owned By Institutions | 20.81 % | ||||
| Number Of Shares Shorted | 11.91 K | ||||
| Price To Earning | 6.90 X | ||||
| Price To Book | 0.70 X | ||||
| Price To Sales | 79.46 X | ||||
| Revenue | 5.47 M | ||||
| Gross Profit | 5.66 M | ||||
| Net Income | (75.87 M) | ||||
| Cash And Equivalents | 1.97 M | ||||
| Cash Per Share | 0.07 X | ||||
| Current Ratio | 1.35 X | ||||
| Book Value Per Share | 22.99 X | ||||
| Short Ratio | 0.17 X | ||||
| Earnings Per Share | 2.34 X | ||||
| Number Of Employees | 14 | ||||
| Beta | 0.76 | ||||
| Market Capitalization | 513.34 M | ||||
| Total Asset | 703.77 M | ||||
| Retained Earnings | 14.31 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 17.54 % | ||||
| One Year Return | 27.84 % | ||||
| Three Year Return | 5.34 % | ||||
| Five Year Return | 10.77 % | ||||
| Last Dividend Paid | 1.84 |
About India Closed Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze India Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of India Closed using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of India Closed based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with India Closed
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if India Closed position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in India Closed will appreciate offsetting losses from the drop in the long position's value.Moving together with India Fund
Moving against India Fund
| 0.65 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.62 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.61 | GIM | Templeton Global Income Symbol Change | PairCorr |
| 0.48 | WMT | Walmart Aggressive Push | PairCorr |
| 0.47 | DIS | Walt Disney Aggressive Push | PairCorr |
The ability to find closely correlated positions to India Closed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace India Closed when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back India Closed - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling India Closed to buy it.
The correlation of India Closed is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as India Closed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if India Closed moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for India Closed can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in India Fund
India Closed financial ratios help investors to determine whether India Fund 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 India with respect to the benefits of owning India Closed security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |