1189.2 +40.48 (+3.4%) Sell

APLAPOLLO investors looking to add more to current positions

13 min read

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%.

[Themes containing APLAPOLLO]

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.

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
If you liked what you read here ...

... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.

All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.

We want to empower investors with all the tools and analysis required by them to make a rational investment decision.

If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute
Share with friends   WhatsApp   Facebook   Twitter