398.95 -23.13 (-5.8%) Buy

CAPLIPOINT investors take a moment to reassess their portfolio allocation

13 min read

CAPLIN POINT LAB LTD. significantly underperformed today. It delivered -5.8% to close at 398.95. During the last week it delivered -1.37% and saw a maximum drawdown of -5.8% before bouncing back.

[Themes containing CAPLIPOINT]

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


CAPLIPOINT has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 8 Jun, 2016 to 12 Jul, 2017. Over the last 3 years and 1 month, CAPLIPOINT outperformed the NIFTY-50 index on 46% days. Which indicates that on days CAPLIPOINT 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 CAPLIPOINT was mostly loss making and delivered on average -0.01% per day. It's best return during this period (of +9.21%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -5.8%) was on Friday, 18 Jan, 2019. The longest stort-term trends during this period were 4 profitable and losing days. The bullish trend (which returned +14.7%) started on 29 Oct, 2018 and went on till 1 Nov, 2018 while the bearish trend (which returned -2.78%) started on 13 Dec, 2018 and went on till 18 Dec, 2018.

The last 12 months saw CAPLIPOINT's investors making profits in 3 months and incurring losses in 9 months. CAPLIPOINT was less consistent in delivering monthly returs than NIFTY-50 index. CAPLIPOINT was also a more risky investment than NIFTY-50 index as it's worst month in the last year, May 2018, returned -16.36% compared to -6.42% returned by NIFTY-50 index in Sep 2018. CAPLIPOINT had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Aug 2018 to Dec 2018) during which period it delivered -20.37%. It is interesting to note that both CAPLIPOINT and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

When buying shares, ask yourself, would you buy the whole company?
-- Rene Rivkin

CAPLIPOINT 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 CAPLIPOINT's volatility from 2 Nov, 2018 to 4 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 CAPLIPOINT has significant negative skewness in it's return distribution. This indicates that CAPLIPOINT is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in CAPLIPOINT you may find it interesting to know that VINATIORGA, RESPONIND and NIITTECH are small caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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