ANSAL HOUSING LIMITED is a falling knife that can bleed you if you catch it on Tuesday. It lost -4.91% to close at 12.6. On a day when the overall market breadth was 70%, it closed higher than 29% of the market. In comparison, the benchmark NIFTY-50 index closed today at -0.0036%.
Buy-and-Hold investors in ANSALHSG experienced a maximum drawdown of -21.74% over the last three months. It grew by +27.27% during this strong up 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 +13.0%.
During the last three months ANSALHSG delivered losses on 62% days. However, it still managed to end this period in a profit. It's best return during this period (of +19.63%) was on Monday, 7 Jan, 2019. While it's worst loss in the same period (of -9.32%) was on Thursday, 10 Jan, 2019. There was initially a bullish trend during this period which started on 9 Nov, 2018 and went on till 14 Nov, 2018. The bullish trend returned +4.6% to investors. This was followed by a bearish trend that started on 19 Nov, 2018 and ended on 27 Nov, 2018. This bearish trend lost -8.63% of investor capital.
ANSALHSG had 4 profitable and 8 loss making months over the last year. During the last year, ANSALHSG underperformed NIFTY-50 index on monthly return basis. ANSALHSG was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -26.76% compared to -6.42% returned by NIFTY-50 index in Sep 2018. ANSALHSG had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Feb 2018 to Jun 2018) during which period it delivered -63.15%. It is interesting to note that both ANSALHSG and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
Money often costs too much.
-- Ralph Waldo Emerson
ANSALHSG 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 ANSALHSG's volatility from 29 Oct, 2018 to 10 Dec, 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 ANSALHSG has significant negative skewness in it's return distribution. This indicates that ANSALHSG is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than ANSALHSG. Therefore, NIFTY-50 must receive a lower allocation than ANSALHSG in your portfolio. NIFTY-50 index usually has shorter drawdown period than ANSALHSG.
Based on your interest in ANSALHSG you may find it interesting to know that BRITANNIA and TORNTPHARM are both large caps that have shown remarkable performance and deserve to be on every investors' watchlist.
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