ASIANHOTNR investors re-evaluating their investment strategy

ASIAN HOTELS (NORTH) LTD delivered lacklustre performance today. It delivered -1.32% to close at 149.65. It's recent 5 day performance has been -0.1%, -0.07%, +1.17%, +0.74% and +0.61%.

[Themes containing ASIANHOTNR]

ASIANHOTNR is currently in a bearish trend. The current bearish signal has generated a profit of +4.95% for investors in the last three months.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

ASIANHOTNR has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 3 Nov, 2017 to 4 May, 2018. Over the last 3 years and 1 month, ASIANHOTNR underperformed the NIFTY-50 index on 53% days.

During the last three months ASIANHOTNR was mostly loss making and delivered on average -0.07% per day. It's best return during this period (of +4.8%) was on Monday, 29 Oct, 2018. While it's worst loss in the same period (of -4.25%) was on Wednesday, 24 Oct, 2018. The longest stort-term trends during this period were 4 profitable and losing days. The bullish trend (which returned +3.69%) started on 3 Jan, 2019 and went on till 8 Jan, 2019 while the bearish trend (which returned -1.75%) started on 1 Nov, 2018 and went on till 6 Nov, 2018.

The last 12 months saw ASIANHOTNR's investors making profits in 3 months and incurring losses in 9 months. ASIANHOTNR was less consistent in delivering monthly returs than NIFTY-50 index. ASIANHOTNR was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Oct 2018, returned -19.84% compared to -6.42% returned by NIFTY-50 index in Sep 2018. ASIANHOTNR had a longer winning streak of losing months than NIFTY-50 index. It went down in 4 straight months (from Sep 2018 to Dec 2018) during which period it delivered -35.63%. It is interesting to note that both ASIANHOTNR and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

My old father used to have a saying: If you make a bad bargain, hug it all the tighter.
-- Abraham Lincoln

ASIANHOTNR 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 ASIANHOTNR's volatility from 22 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 ASIANHOTNR has significant negative skewness in it's return distribution. This indicates that ASIANHOTNR is very risky for short-term investment and can significantly underperform for long durations.

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

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