ICICI Prudential (India) Performance
| ICICIM150 | 21.66 0.00 0.00% |
The entity retains a Market Volatility (i.e., Beta) of -2.04, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ICICI Prudential are expected to decrease by larger amounts. On the other hand, during market turmoil, ICICI Prudential is expected to outperform it.
Risk-Adjusted Performance
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Over the last 90 days ICICI Prudential Amc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Etf's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
ICICI |
ICICI Prudential Relative Risk vs. Return Landscape
If you would invest 17,232 in ICICI Prudential Amc on September 3, 2024 and sell it today you would lose (15,066) from holding ICICI Prudential Amc or give up 87.43% of portfolio value over 90 days. ICICI Prudential Amc is generating negative expected returns and assumes 11.1037% volatility on return distribution over the 90 days horizon. Simply put, 98% 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 Amc, 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 = -0.127
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| Negative Returns | ICICIM150 |
Estimated Market Risk
| 11.1 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 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.
| ICICI Prudential Amc generated a negative expected return over the last 90 days | |
| ICICI Prudential Amc has high historical volatility and very poor performance |