310.5 +0.75 (+0.24%) Buy

AMRUTANJAN investors looking to add more to current positions

13 min read

AMRUTAJAN HEALTH LTD managed to outperform the broader market today. It surged by +0.24% to close at 310.5. It's recent 5 day performance has been +3.89%, +0.02%, +1.0%, +1.76% and -0.68%.

[Themes containing AMRUTANJAN]

AMRUTANJAN is currently in a bullish trend. Over the last three months 3 bullish signals in AMRUTANJAN have generated a profit of +12.39% for investors.


AMRUTANJAN has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 15 May, 2017 to 20 Aug, 2018. Over the last 3 years and 1 month, AMRUTANJAN underperformed the NIFTY-50 index on 54% days.

AMRUTANJAN returned losses on 54% days in the last three months. During this time, it delivered on average +0.39% per day. It delivered it's best daily return of +14.51%, during this period, on Friday, 21 Dec, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +18.9%) started on 17 Dec, 2018 and went on till 21 Dec, 2018 while the bearish trend (which returned -3.37%) started on 20 Nov, 2018 and went on till 27 Nov, 2018.

The last 12 months saw AMRUTANJAN's investors making profits in 6 months and incurring losses in 6 months. During the last year, AMRUTANJAN delivered profits in more months than NIFTY-50 index. AMRUTANJAN was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -19.61% compared to -6.42% returned by NIFTY-50 index in Sep 2018. AMRUTANJAN and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both AMRUTANJAN and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of Safety.

AMRUTANJAN is currently seeing overall increase in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant surge in AMRUTANJAN's volatility from 22 Oct, 2018 to 30 Oct, 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 AMRUTANJAN has significant negative skewness in it's return distribution. This indicates that AMRUTANJAN is very risky for short-term investment and can significantly underperform for long durations.

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

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

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