149.65 -1.97 (-1.32%) Sell

ASIANHOTNR investors re-evaluating their investment strategy

13 min read

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.


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.

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