BOSCH LIMITED

19210.4 +60.03 (+0.31%) Buy

BOSCHLTD continues it's uptrend, although on a weaker note

13 min read

BOSCHLTD ranked better than it's peers today. On a longer term basis, investors in BOSCH LIMITED made +0.05% per day. Friday's performance of +0.31% was a outperformance compared to it's daily average.

[Themes containing BOSCHLTD]

BOSCHLTD showed a flat trend over the last 3 months. During this period BOSCHLTD delivered +0.79% and saw a maximum drawdown of -7.55%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in BOSCHLTD till volatility reduces and a clear trend emerges.

Trend

BOSCHLTD has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 9 Aug, 2016 to 27 Aug, 2018. Over the last 3 years and 1 month, BOSCHLTD underperformed the NIFTY-50 index on 53% days.

During the last three months BOSCHLTD was mostly profitable and delivered on average +0.03% per day. It's best return during this period (of +5.61%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -4.06%) was on Monday, 22 Oct, 2018. The longest stort-term trends during this period were 4 profitable and losing days. The bullish trend (which returned +4.59%) started on 28 Nov, 2018 and went on till 3 Dec, 2018 while the bearish trend (which returned -1.68%) started on 31 Dec, 2018 and went on till 3 Jan, 2019.

The last 12 months saw BOSCHLTD's investors making profits in 4 months and incurring losses in 8 months. BOSCHLTD was less consistent in delivering monthly returs than NIFTY-50 index. BOSCHLTD significantly outperformed NIFTY-50 index in Aug 2018, when it returned +17.47% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. BOSCHLTD had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Sep 2018 to Nov 2018) during which period it delivered -13.46%. It is interesting to note that both BOSCHLTD and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"In this world nothing can be said to be certain, except death and taxes.

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

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

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

Based on your interest in BOSCHLTD you may find it interesting to know that ~MKTCAP201TO250 has shown remarkable performance and deserves to be on every investors' watchlist.

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