B.A.G FILMS AND MEDIA LTD

5.0 -0.1 (-1.96%) Buy

Search for alternative investments is on for BAGFILMS investors as it underperforms broader market

13 min read

B.A.G FILMS AND MEDIA LTD ranked among the worst performers today. It delivered -1.96% to close at 5.0. During the last week it delivered -1.96% and saw a maximum drawdown of -2.91% before bouncing back.

[Themes containing BAGFILMS]

BAGFILMS is currently in a bullish trend. The current bullish signal has generated a profit of +1.01% for BAGFILMS's investors in the last three months.

Trend

BAGFILMS has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 29 Nov, 2017 to 18 Jul, 2018. Over the last 3 years and 1 month, BAGFILMS underperformed the NIFTY-50 index on 54% days.

BAGFILMS returned losses on 61% days in the last three months. During this time, it delivered on average +0.09% per day. It delivered it's worst daily return of -4.95%, during this period, on Friday, 16 Nov, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 12 Dec, 2018 and went on till 18 Dec, 2018. This bullish trend returned +4.15% to investors.

The last 12 months saw BAGFILMS's investors making profits in 7 months and incurring losses in 5 months. During the last year, BAGFILMS delivered profits in more months than NIFTY-50 index. BAGFILMS significantly outperformed NIFTY-50 index in Aug 2018, when it returned +46.07% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. BAGFILMS and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both BAGFILMS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

The difference between playing the stock market and the horses is that one of the horses must win.
-- Joey Adams

BAGFILMS is currently seeing overall increase in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant fall in BAGFILMS's volatility from 26 Oct, 2018 to 8 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 BAGFILMS 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 BAGFILMS. Therefore, NIFTY-50 must receive a lower allocation than BAGFILMS in your portfolio. NIFTY-50 index usually has shorter drawdown period than BAGFILMS.

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

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