ATUL LTD delivered stellar performance on Friday. It gained +1.78% to close at 3552.85. It is currently trading +37% above it's 52 week low of 2588.3 and is down only -1% from it's 52 week high.
ATUL showed a up trend over the last 3 months. During this period ATUL gained +9.64% and saw a maximum drawdown of -9.12%. There was a long signal during this period which returned +9.64%.
ATUL has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, ATUL outperformed the NIFTY-50 index on 48% days. Which indicates that on days ATUL outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.
ATUL was profitable on 60% 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 -3.09%, during this period, on Monday, 22 Oct, 2018. There was initially a bullish trend during this period which started on 5 Nov, 2018 and went on till 19 Nov, 2018. The bullish trend returned +6.27% to investors. This was followed by a bearish trend that started on 20 Dec, 2018 and ended on 24 Dec, 2018. This bearish trend lost -2.96% of investor capital.
On monthly basis, ATUL delivered profits and losses in equal number of months. ATUL delivered profits in more months than NIFTY-50 index. ATUL significantly outperformed NIFTY-50 index in Aug 2018, when it returned +13.61% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. ATUL and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both ATUL and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
It's good to have money and the things that money can buy, but It's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy.
-- George Lorimer
ATUL is becoming less volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant fall in ATUL's volatility from 23 Oct, 2018 to 14 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 ATUL has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.
NIFTY-50 index has more chance of extreme outcomes than ATUL. Therefore, NIFTY-50 must receive a lower allocation than ATUL in your portfolio. NIFTY-50 index usually has shorter drawdown period than ATUL.
On a general note (since you are interested in ATUL), three small cap instruments that deserve special mention are RESPONIND, ASTRAZEN and NIITTECH. They have all outperformed the market and must be closely watched for investment opportunities.
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