794.65 +0.7 (+0.09%) Buy

Joy for ALKYLAMINE investors as it marginally outperforms

13 min read

ALKYL AMINES CHEM. LTD showed marginal outperformance on Friday. It increased by +0.09% to close at 794.65. It is currently trading +46% above it's 52 week low of 541.3 and is down only -1% from it's 52 week high.

[Themes containing ALKYLAMINE]

Buy-and-Hold investors in ALKYLAMINE experienced a maximum drawdown of -11.91% over the last three months. It increased by +32.63% during this strong bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals. The net profit from Long signals was +14.57%.


ALKYLAMINE has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 8 Sep, 2016 to 14 Nov, 2018. Over the last 3 years and 1 month, ALKYLAMINE outperformed the NIFTY-50 index on 50% days. Which indicates that on days ALKYLAMINE outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

During the last three months ALKYLAMINE was mostly profitable and delivered on average +0.48% per day. It's best return during this period (of +11.21%) was on Friday, 9 Nov, 2018. While it's worst loss in the same period (of -4.64%) was on Monday, 22 Oct, 2018. The longest stort-term trend during this period was 12 profitable days, which started on 24 Oct, 2018 and went on till 9 Nov, 2018. This bullish trend returned +35.08% to investors.

During the last year ALKYLAMINE had 6 profitable months and 6 loss making months. ALKYLAMINE returned profits in more months than NIFTY-50 index. ALKYLAMINE significantly outperformed NIFTY-50 index in Nov 2018, when it returned +25.48% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. ALKYLAMINE had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Oct 2018 to Dec 2018) during which period it delivered +35.64%. It is interesting to note that both ALKYLAMINE and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

What we really want to do is what we are really meant to do. When we do what we are meant to do, money comes to us, doors open for us, we feel useful, and the work we do feels like play to us.
-- Julia Cameron

ALKYLAMINE is currently seeing overall fall in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant fall in ALKYLAMINE's volatility from 9 Nov, 2018 to 18 Jan, 2019. 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 ALKYLAMINE has significant negative skewness in it's return distribution. This indicates that ALKYLAMINE is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in ALKYLAMINE you may find it interesting to know that INFY is a large cap that has shown remarkable performance and deserves to be on every investors' watchlist.

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