326.15 +1.41 (+0.43%) Buy

BERGEPAINT investors elated by performance

13 min read

BERGER PAINTS (I) LTD managed to outperform the broader market today. It surged by +0.43% to close at 326.15. During the last week it surged by +0.57% and saw a maximum drawdown of -0.89% before bouncing back.

[Themes containing BERGEPAINT]

BERGEPAINT is currently in a bullish trend. The current bullish signal has generated a profit of +1.02% for BERGEPAINT's investors in the last three months.


BERGEPAINT has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 18 Mar, 2016 to 19 Dec, 2018. Over the last 3 years and 1 month, BERGEPAINT outperformed the NIFTY-50 index on 50% days. Which indicates that on days BERGEPAINT outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

BERGEPAINT returned losses on 53% days in the last three months. During this time, it delivered on average +0.24% per day. It delivered it's best daily return of +4.92%, during this period, on Thursday, 25 Oct, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 26 Dec, 2018 and went on till 1 Jan, 2019. This bullish trend returned +2.77% to investors.

The last 12 months saw BERGEPAINT's investors making profits in 7 months and incurring losses in 5 months. During the last year, BERGEPAINT delivered profits in more months than NIFTY-50 index. BERGEPAINT significantly outperformed NIFTY-50 index in Nov 2018, when it returned +14.26% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. BERGEPAINT had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Mar 2018 to May 2018) during which period it delivered +16.62%. It is interesting to note that both BERGEPAINT and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Let him who would enjoy a good future waste none of his present.
-- Roger Babson

BERGEPAINT 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 BERGEPAINT's volatility from 25 Oct, 2018 to 18 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 BERGEPAINT 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.

Investors trading in BERGEPAINT derivatives at this moment can consider 'Married Call' options strategy to receive better risk-adjusted returns.

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

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

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