198.0 -2.37 (-1.2%) Buy

Are you evaluating investing in AEGISCHEM? Wait as it performed worse than the broader market

13 min read

AEGISCHEM performed worse than the broader market today. On a longer term basis, investors in AEGIS LOGISTICS LIMITED made +0.24% per day. Tuesday's performance of -1.2% was a significant underperformance compared to it's daily average.

[Themes containing AEGISCHEM]

AEGISCHEM showed a strong down trend over the last 3 months. During this period AEGISCHEM lost -11.05% and saw a maximum drawdown of -18.39%. There was a short signal during this period which returned +1.0%.


AEGISCHEM has been underperforming the NIFTY-50 index in recent time, after having outperformed till 15 Jan, 2018. Over the last 3 years and 1 month, AEGISCHEM outperformed the NIFTY-50 index on 48% days. Which indicates that on days AEGISCHEM outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

AEGISCHEM returned losses on 56% days in the last three months. During this time, it delivered on average -0.17% per day. It delivered it's best daily return of +6.11%, during this period, on Monday, 31 Dec, 2018. There was initially a bullish trend during this period which started on 19 Nov, 2018 and went on till 26 Nov, 2018. The bullish trend returned +4.19% to investors. This was followed by a bearish trend that started on 27 Nov, 2018 and ended on 3 Dec, 2018. This bearish trend lost -8.01% of investor capital.

AEGISCHEM had 5 profitable and 7 loss making months over the last year. During the last year, number of profitable months of AEGISCHEM and NIFTY-50 index were the same. AEGISCHEM was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -21.89% compared to -6.42% returned by NIFTY-50 index in Sep 2018. AEGISCHEM had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Feb 2018 to Apr 2018) during which period it delivered +17.15%. It is interesting to note that both AEGISCHEM and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

The challenge is not to pick the best investment. The challenge is to pick the right investment.
-- Don Connelly

AEGISCHEM is becoming more volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant fall in AEGISCHEM's volatility from 23 Oct, 2018 to 26 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 AEGISCHEM has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.

NIFTY-50 index has more chance of extreme outcomes than AEGISCHEM. Therefore, NIFTY-50 must receive a lower allocation than AEGISCHEM in your portfolio. NIFTY-50 index usually has shorter drawdown period than AEGISCHEM.

Based on your interest in AEGISCHEM you may find it interesting to know that TIDEWATER and NIFTY50-DIV-POINT are highly volatile and therefore risky. Investors should consider limiting their exposure to these instruments (because of their volatile nature).

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