97.9 -1.62 (-1.66%) Buy

BALAJITELE investors herd to book profits while the going is good

15 min read

BALAJI TELEFILMS LIMITED. significantly underperformed today. It delivered -1.66% to close at 97.9. During the last week it increased by +3.05% and saw a maximum drawdown of -2.05% before bouncing back.

[Themes containing BALAJITELE]

BALAJITELE is currently in a bullish trend. The current bullish signal has generated a profit of +3.05% for BALAJITELE's investors in the last three months.


BALAJITELE has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 19 Jul, 2017 to 10 Jan, 2019. Over the last 3 years and 1 month, BALAJITELE underperformed the NIFTY-50 index on 56% days.

During the last three months BALAJITELE was mostly loss making and delivered on average -0.09% per day. It's best return during this period (of +7.42%) was on Wednesday, 16 Jan, 2019. While it's worst loss in the same period (of -5.43%) was on Tuesday, 23 Oct, 2018. The longest stort-term trend during this period was 6 losing days, which started on 22 Oct, 2018 and ended on 29 Oct, 2018. This bearish trend lost -8.58% of investor capital.

The last 12 months saw BALAJITELE's investors making profits in 1 months and incurring losses in 11 months. BALAJITELE was less consistent in delivering monthly returs than NIFTY-50 index. BALAJITELE significantly outperformed NIFTY-50 index in Jan 2019, when it returned +10.31% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. BALAJITELE had a longer winning streak of losing months than NIFTY-50 index. It went down in 11 straight months (from Feb 2018 to Dec 2018) during which period it delivered -50.63%. It is interesting to note that both BALAJITELE and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it .

BALAJITELE 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 surge in BALAJITELE's volatility from 19 Oct, 2018 to 16 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 BALAJITELE has significant negative skewness in it's return distribution. This indicates that BALAJITELE is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in BALAJITELE you may find it interesting to know that MUNJALAU, RML and WENDT have all performed similar to BALAJITELE and qualify as alternative investment candidates that must be evaluated for diversification.

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