7.25 +0.05 (+0.69%) Sell

Joy for BARTRONICS investors as it marginally outperforms

13 min read

BARTRONICS INDIA LIMITED outperformed on Friday. It surged by +0.69% to close at 7.25. It is currently trading -60% below it's 52 week high of 18.35.

[Themes containing BARTRONICS]

Buy-and-Hold investors in BARTRONICS experienced a maximum drawdown of -6.62% over the last three months. It surged by +5.84% during this bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals.


BARTRONICS has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 13 Dec, 2016 to 1 Oct, 2018. Over the last 3 years and 1 month, BARTRONICS underperformed the NIFTY-50 index on 58% days.

BARTRONICS returned losses on 59% days in the last three months. During this time, it delivered on average +0.11% per day. It delivered it's best daily return of +7.86%, during this period, on Thursday, 25 Oct, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 5 Nov, 2018 and went on till 12 Nov, 2018. This bullish trend returned +4.84% to investors.

The last 12 months saw BARTRONICS's investors making profits in 4 months and incurring losses in 8 months. BARTRONICS was less consistent in delivering monthly returs than NIFTY-50 index. BARTRONICS significantly outperformed NIFTY-50 index in Apr 2018, when it returned +66.67% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. BARTRONICS had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from May 2018 to Sep 2018) during which period it delivered -71.56%. It is interesting to note that both BARTRONICS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Making money from enforcing patents is no more wrong than investing in preferred stock.
-- Nathan Myhrvold

BARTRONICS 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 BARTRONICS's volatility from 22 Oct, 2018 to 10 Dec, 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 BARTRONICS has significant negative skewness in it's return distribution. This indicates that BARTRONICS is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in BARTRONICS you may find it interesting to know that ~MKTCAP201TO250, BRITANNIA and NIFTY-GS-15YRPLUS have all shown remarkable performance and qualify to be on every investor's watchlist.

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