APL APOLLO TUBES LTD outperformed today. It surged by +3.4% to close at 1189.2. It's recent 5 day performance has been -0.5%, +4.22%, +0.03%, -1.19% and +2.18%.
APLAPOLLO is currently in a bearish trend. The current bearish signal has generated a profit of +9.86% for investors in the last three months.
APLAPOLLO has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 26 Feb, 2016 to 25 Jan, 2018. Over the last 3 years and 1 month, APLAPOLLO outperformed the NIFTY-50 index on 48% days. Which indicates that on days APLAPOLLO outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.
APLAPOLLO returned losses on 53% days in the last three months. During this time, it delivered on average -0.15% per day. It delivered it's worst daily return of -5.21%, during this period, on Tuesday, 23 Oct, 2018. The longest stort-term trend during this period was 8 losing days, which started on 14 Dec, 2018 and ended on 26 Dec, 2018. This bearish trend lost -17.05% of investor capital.
During the last year APLAPOLLO had 5 profitable months and 7 loss making months. Profitable number of months of APLAPOLLO and NIFTY-50 index were the same. APLAPOLLO was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -21.89% compared to -6.42% returned by NIFTY-50 index in Sep 2018. APLAPOLLO and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both APLAPOLLO and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
Let him who would enjoy a good future waste none of his present.
-- Roger Babson
APLAPOLLO 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 fall in APLAPOLLO's volatility from 19 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 APLAPOLLO has significant negative skewness in it's return distribution. This indicates that APLAPOLLO is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than APLAPOLLO. Therefore, NIFTY-50 must receive a lower allocation than APLAPOLLO in your portfolio. NIFTY-50 index usually has shorter drawdown period than APLAPOLLO.
Based on your interest in APLAPOLLO you may find it interesting to know that SRIPIPES, ~HOMEAPPLIANCES and IGARASHI are all extremely risky investment candidates that must be evaluated carefully. Investors with low risk profile are better off avoiding them till their performance becomes more consistent.
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