Aditya Birla (India) Performance
| HEALTHY Etf | 14.29 0.18 1.28% |
The etf shows a Beta (market volatility) of -0.0377, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aditya Birla are expected to decrease at a much lower rate. During the bear market, Aditya Birla is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Aditya Birla Sun has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Aditya Birla 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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Aditya |
Aditya Birla Relative Risk vs. Return Landscape
If you would invest 1,451 in Aditya Birla Sun on August 27, 2024 and sell it today you would lose (22.00) from holding Aditya Birla Sun or give up 1.52% of portfolio value over 90 days. Aditya Birla Sun is generating negative expected returns and assumes 0.8588% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Aditya, 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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Aditya Birla Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aditya Birla's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Aditya Birla Sun, and traders can use it to determine the average amount a Aditya Birla'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 = -0.024
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| Negative Returns | HEALTHY |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aditya Birla 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 Aditya Birla by adding Aditya Birla to a well-diversified portfolio.
| Aditya Birla Sun generated a negative expected return over the last 90 days |