317.8 +2.62 (+0.82%) Buy

Joy for BHARTIARTL investors as it manages to marginally outperform broader market

13 min read

BHARTI AIRTEL LIMITED showed marginal outperformance today. It increased by +0.82% to close at 317.8. It's recent 5 day performance has been -1.27%, +5.33%, -0.8%, +5.27% and -1.59%.

[Themes containing BHARTIARTL]

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


BHARTIARTL has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 2 Nov, 2017 to 16 Oct, 2018. Over the last 2 years and 12 months, BHARTIARTL underperformed the NIFTY-50 index on 51% days.

During the last three months BHARTIARTL was mostly loss making and delivered on average -0.2% per day. It's best return during this period (of +10.57%) was on Wednesday, 24 Oct, 2018. While it's worst loss in the same period (of -6.48%) was on Thursday, 25 Oct, 2018. The longest stort-term trend during this period was 8 losing days, which started on 27 Sep, 2018 and ended on 9 Oct, 2018. This bearish trend lost -22.12% of investor capital.

During the last year BHARTIARTL had 5 profitable months and 7 loss making months. BHARTIARTL returned profits in fewer months than NIFTY-50 index. BHARTIARTL was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jan 2018, returned -14.52% compared to -6.42% returned by NIFTY-50 index in Sep 2018. BHARTIARTL had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Jan 2018 to Mar 2018) during which period it delivered -24.17%.

The stock market is filled with individuals who know the price of everything, but the value of nothing.
-- Phillip Fisher

BHARTIARTL 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 fall in BHARTIARTL's volatility from 24 Sep, 2018 to 7 Nov, 2018. While there was a significant fall in the NIFTY-50 index's volatility from 21 Sep, 2018 to 5 Dec, 2018.

Advanced/professional short-term investors should note that BHARTIARTL has significant negative skewness in it's return distribution. This indicates that BHARTIARTL is very risky for short-term investment and can significantly underperform for long durations.

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

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

Based on your interest in BHARTIARTL you may find it interesting to know that ALLCARGO has delivered similar performance as BHARTIARTL and can be considered as an alternative investment candidate (to BHARTIARTL).

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