AGRO TECH FOODS LIMITED

604.4 -8.19 (-1.35%) Buy

ATFL investors not showing any loss of confidence as it pauses to catch its breath

13 min read

AGRO TECH FOODS LIMITED underperformed today. It fell by -1.35% to close at 604.4. It's recent 5 day performance has been +0.34%, -0.46%, +0.62%, +1.05% and -0.34%.

[Themes containing ATFL]

ATFL is currently in a bullish trend. The current bullish signal has generated a profit of +7.86% for ATFL's investors in the last three months.

Trend

ATFL has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 24 Apr, 2018 to 19 Nov, 2018. Over the last 3 years and 1 month, ATFL underperformed the NIFTY-50 index on 49% days. Which indicates that on days ATFL underperforms the NIFTY-50 index, it's performance is marginally worse than on the days it outperforms the NIFTY-50 index.

During the last three months ATFL was mostly profitable and delivered on average +0.27% per day. It's best return during this period (of +7.99%) was on Monday, 29 Oct, 2018. While it's worst loss in the same period (of -6.9%) was on Monday, 10 Dec, 2018. The longest stort-term trend during this period was 7 profitable days, which started on 11 Dec, 2018 and went on till 19 Dec, 2018. This bullish trend returned +13.78% to investors.

During the last year ATFL had 5 profitable months and 7 loss making months. Profitable number of months of ATFL and NIFTY-50 index were the same. ATFL was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -13.12% compared to -6.42% returned by NIFTY-50 index in Sep 2018. ATFL had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Nov 2018 to Jan 2019) during which period it delivered +14.78%.

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ATFL 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 surge in ATFL's volatility from 19 Oct, 2018 to 29 Oct, 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 ATFL has significant negative skewness in it's return distribution. This indicates that ATFL is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in ATFL you may find it interesting to know that IEX and NIFTY50-DIV-POINT are highly volatile and therefore risky. Investors should consider limiting their exposure to these instruments (because of their volatile nature).

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