ADVANI HOT.& RES.(I) LTD managed to marginally outperform the broader market on Wednesday. It gained +1.17% to close at 73.3. It is currently trading +63% above it's 52 week low of 44.75 and is down only -11% from it's 52 week high.
Buy-and-Hold investors in ADVANIHOTR experienced a maximum drawdown of -6.96% over the last three months. It gained +41.23% during this strong up trending period. There were no short signals during this period, while the long signal generated good profits of +41.23% for investors.
ADVANIHOTR was profitable on 52% days in the last three months. During this time, it delivered on average +0.59% per day. It delivered it's best daily return of +14.04%, during this period, on Wednesday, 9 Jan, 2019. There was initially a bullish trend during this period which started on 24 Oct, 2018 and went on till 29 Oct, 2018. The bullish trend returned +12.26% to investors. This was followed by a bearish trend that started on 16 Jan, 2019 and ended on 18 Jan, 2019. This bearish trend lost -4.02% of investor capital.
On monthly basis, ADVANIHOTR delivered profits and losses in equal number of months. ADVANIHOTR delivered profits in more months than NIFTY-50 index. ADVANIHOTR significantly outperformed NIFTY-50 index in Apr 2018, when it returned +22.94% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. ADVANIHOTR had a longer winning streak of profitable months than NIFTY-50 index. It went up in 4 straight months (from Oct 2018 to Jan 2019) during which period it delivered +49.52%. It is interesting to note that both ADVANIHOTR and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
The difference between succeeding and failing is consistency.
-- Don Connelly
ADVANIHOTR is becoming less volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant surge in ADVANIHOTR's volatility from 24 Oct, 2018 to 1 Nov, 2018. While there was a significant fall in the NIFTY-50 index's volatility from 31 Oct, 2018 to 5 Dec, 2018.
Advanced/professional short-term investors should note that ADVANIHOTR has significant negative skewness in it's return distribution. This indicates that ADVANIHOTR is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than ADVANIHOTR. Therefore, NIFTY-50 must receive a lower allocation than ADVANIHOTR in your portfolio. NIFTY-50 index usually has shorter drawdown period than ADVANIHOTR.
On a general note (since you are interested in ADVANIHOTR), two instruments that have delivered similar performance as ADVANIHOTR are BANCOINDIA and DHFL. They are suitable as good alternative investment candidates that can diversify your portfolio.
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