Nippon India (India) Performance
| HNGSNGBEES | 332.45 9.10 2.81% |
The etf secures a Beta (Market Risk) of 0.33, which conveys possible diversification benefits within a given portfolio. 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
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Nippon India ETF are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical and fundamental indicators, Nippon India sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Nippon India Mutual Fund announces suspension of overseas scheme investments - Business Today | 10/18/2024 |
Nippon |
Nippon India Relative Risk vs. Return Landscape
If you would invest 28,923 in Nippon India ETF on August 30, 2024 and sell it today you would earn a total of 4,322 from holding Nippon India ETF or generate 14.94% return on investment over 90 days. Nippon India ETF is generating 0.2692% of daily returns and assumes 3.1142% volatility on return distribution over the 90 days horizon. Simply put, 27% of etfs are less volatile than Nippon, and 95% 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 = 0.0865
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Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nippon India is performing at about 6% 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.
About Nippon India Performance
By analyzing Nippon India's fundamental ratios, stakeholders can gain valuable insights into Nippon India's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nippon India has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nippon India has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nippon India is entity of India. It is traded as Etf on NSE exchange.| Nippon India ETF had very high historical volatility over the last 90 days |
Other Information on Investing in Nippon Etf
Nippon India financial ratios help investors to determine whether Nippon 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 Nippon with respect to the benefits of owning Nippon India security.