292.55 +1.61 (+0.55%) Buy

Joy for BHAGERIA investors as it ranks better than it's peers but, has not managed to breakout

13 min read

BHAGERIA INDUSTRIES LTD showed marginal outperformance today. It increased by +0.55% to close at 292.55. During the last week it fell by -0.93% and saw a maximum drawdown of -1.59% before bouncing back.

[Themes containing BHAGERIA]

BHAGERIA is currently in a bullish trend. Over the last three months Buy-and-Hold has been a better strategy (returning -6.23%) for BHAGERIA's investors than trading long signals.


BHAGERIA has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 2 Mar, 2016 to 30 Oct, 2016. Over the last 2 years and 11 months, BHAGERIA outperformed the NIFTY-50 index on 48% days. Which indicates that on days BHAGERIA outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

During the last three months BHAGERIA was mostly loss making and delivered on average -0.09% per day. It's best return during this period (of +5.97%) was on Tuesday, 4 Dec, 2018. While it's worst loss in the same period (of -5.13%) was on Monday, 3 Dec, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 7 Jan, 2019 and went on till 14 Jan, 2019. This bullish trend returned +4.35% to investors.

During the last year BHAGERIA had 5 profitable months and 7 loss making months. Profitable number of months of BHAGERIA and NIFTY-50 index were the same. BHAGERIA significantly outperformed NIFTY-50 index in Oct 2018, when it returned +35.86% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. BHAGERIA and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both BHAGERIA and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Thirty to 40 years ago, most financial decisions were fairly simple.
-- Scott Cook

BHAGERIA 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 BHAGERIA's volatility from 22 Oct, 2018 to 7 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 BHAGERIA has significant negative skewness in it's return distribution. This indicates that BHAGERIA is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in BHAGERIA 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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