BLUECOAST significantly underperformed today. On a longer term basis, investors in BLUE COAST HOTELS LIMITED made 0.0% per day. Wednesday's performance of -4.96% was a underperformance compared to it's daily average.
Buy-and-Hold investors in BLUECOAST experienced a maximum drawdown of -15.7% over the last three months. It fell by -9.38% during this bearish trending period. There were no long signals during this period, where the short signal generated good profits of +9.38% for investors.
BLUECOAST has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 4 Jul, 2016 to 23 Jan, 2019. One must note that BLUECOAST is currently at it's worst performance to the NIFTY-50 index which makes it a bad investment candidate. Over the last 2 years 11 months and 1 days, BLUECOAST underperformed the NIFTY-50 index on 52% days.
During the last three months BLUECOAST was mostly loss making and delivered on average -0.47% per day. It's best return during this period (of +4.97%) was on Tuesday, 4 Dec, 2018. While it's worst loss in the same period (of -5.0%) was on Thursday, 15 Nov, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 27 Nov, 2018 and went on till 6 Dec, 2018. This bullish trend returned +10.38% to investors.
During the last year BLUECOAST had 2 profitable months and 10 loss making months. BLUECOAST returned profits in fewer months than NIFTY-50 index. BLUECOAST was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Feb 2018, returned -22.37% compared to -6.02% returned by NIFTY-50 index in Sep 2018. BLUECOAST had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Jul 2018 to Nov 2018) during which period it delivered -32.3%. It is interesting to note that both BLUECOAST and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
Financial security and independence are like a three-legged stool resting on savings, insurance and investments.
-- Brian Tracy
BLUECOAST 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 surge in BLUECOAST's volatility from 13 Nov, 2018 to 14 Dec, 2018. While there was a significant fall in the NIFTY-50 index's volatility from 13 Nov, 2018 to 19 Dec, 2018.
Advanced/professional short-term investors should note that BLUECOAST has significant positive skewness in it's return distribution. This indicates that investors can expect BLUECOAST to recover from drawdowns quickly. Which makes BLUECOAST a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
BLUECOAST has more chance of extreme outcomes than the NIFTY-50 index. Therefore, BLUECOAST must receive a lower allocation than NIFTY-50 in your portfolio. NIFTY-50 index usually has shorter drawdown period than BLUECOAST.
... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.
All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.
We want to empower investors with all the tools and analysis required by them to make a rational investment decision.If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute