APOLLO HOSPITALS ENTER. L outperformed on Friday. It surged by +0.99% to close at 1366.3 which is it's 52 week high.
Buy-and-Hold investors in APOLLOHOSP experienced a maximum drawdown of -8.95% over the last three months. It surged by +21.83% 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 +6.11%.
APOLLOHOSP has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 29 Feb, 2016 to 10 Aug, 2018. Over the last 3 years and 1 month, APOLLOHOSP underperformed the NIFTY-50 index on 51% days.
APOLLOHOSP was profitable on 60% days in the last three months. During this time, it delivered on average +0.34% per day. It delivered it's best daily return of +8.05%, during this period, on Thursday, 15 Nov, 2018. The longest stort-term trend during this period was 8 profitable days, which started on 9 Jan, 2019 and went on till 18 Jan, 2019. This bullish trend returned +9.01% to investors.
During the last year APOLLOHOSP had 6 profitable months and 6 loss making months. APOLLOHOSP returned profits in more months than NIFTY-50 index. APOLLOHOSP significantly outperformed NIFTY-50 index in Aug 2018, when it returned +24.37% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. APOLLOHOSP had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Mar 2018 to May 2018) during which period it delivered -25.16%. It is interesting to note that both APOLLOHOSP and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
"Inflation is taxation without legislation.
APOLLOHOSP 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 APOLLOHOSP's volatility from 29 Oct, 2018 to 17 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 APOLLOHOSP has significant negative skewness in it's return distribution. This indicates that APOLLOHOSP is very risky for short-term investment and can significantly underperform for long durations.
Investors trading in APOLLOHOSP derivatives at this moment can consider 'Married Put' options strategy to receive better risk-adjusted returns.
APOLLOHOSP has more chance of extreme outcomes than the NIFTY-50 index. Therefore, APOLLOHOSP must receive a lower allocation than NIFTY-50 in your portfolio. NIFTY-50 index usually has shorter drawdown period than APOLLOHOSP.
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