2960.4 +10.39 (+0.35%) Sell

BAJAJHLDNG investors update their stop-losses higher

13 min read

BAJAJ HOLDINGS & INVS LTD ranked better than it's peers today. It delivered +0.35% to close at 2960.4. It's recent 5 day performance has been -0.28%, -1.33%, -0.34%, +0.04% and +1.26%.

[Themes containing BAJAJHLDNG]

BAJAJHLDNG is currently in a bearish trend. The previous short signal in BAJAJHLDNG has not been profitable for investors in general. If you are short on BAJAJHLDNG at current levels please make sure that your allocation is limited and that your portfolio is well diversified.


BAJAJHLDNG has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 9 May, 2016 to 21 Jun, 2018. Over the last 3 years and 1 month, BAJAJHLDNG outperformed the NIFTY-50 index on 51% days.

During the last three months BAJAJHLDNG was mostly profitable and delivered on average +0.21% per day. It's best return during this period (of +5.99%) was on Friday, 16 Nov, 2018. While it's worst loss in the same period (of -2.67%) was on Wednesday, 26 Dec, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 29 Oct, 2018 and went on till 5 Nov, 2018. This bullish trend returned +7.04% to investors.

During the last year BAJAJHLDNG had 7 profitable months and 5 loss making months. BAJAJHLDNG returned profits in more months than NIFTY-50 index. BAJAJHLDNG significantly outperformed NIFTY-50 index in Aug 2018, when it returned +7.33% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. BAJAJHLDNG had a longer winning streak of profitable months than NIFTY-50 index. It went up in 5 straight months (from Apr 2018 to Aug 2018) during which period it delivered +19.18%. It is interesting to note that both BAJAJHLDNG and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Security depends not so much upon how much you have, as upon how much you can do without.
-- Joseph Wood Krutch

BAJAJHLDNG 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 BAJAJHLDNG's volatility from 16 Nov, 2018 to 9 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 BAJAJHLDNG 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.

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

Based on your interest in BAJAJHLDNG you may find it interesting to know that ~CHEMICALS, BRITANNIA and NIFTY-GS-15YRPLUS have all shown remarkable performance and qualify to be on every investor's watchlist.

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