Provides daily investment returns that are twice (200%) the performance of the MSCI India Index. Now — the numbers.
The stock trades 50% below its peak. The market has cut its expectations for the company sharply.
It paid $0.52 per share over the last 12 months, with payments going back years without a break — regular cash for whoever holds the stock.
The stock trades 50% below its five-year peak.
Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 6/100. For a turnaround signal, the stock first needs to close the gap with the market.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 32/100.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.