CELEBRITY FASHIONS LTD is looking better than most other alternatives on Friday. It lost 0.0% to close at 9.3. It is currently trading -53% below it's 52 week high of 19.95.
CELEBRITY is currently in a down trend. Over the last three months trading short signals has not been a profitable strategy for CELEBRITY's investors in general. However, this strategy had significantly lower risk when compared to Buy-and-Hold investing (which returned +0.54%). It is therefore better to tread with caution in the current downtrend by limiting your allocation to CELEBRITY.
CELEBRITY has been underperforming the NIFTY-50 index in recent time, after having outperformed till 21 Jul, 2017. Over the last 3 years and 1 month, CELEBRITY underperformed the NIFTY-50 index on 56% days.
During the last three months CELEBRITY delivered losses on 59% days. However, it still managed to end this period in a profit. It's best return during this period (of +10.73%) was on Wednesday, 5 Dec, 2018. While it's worst loss in the same period (of -6.63%) was on Thursday, 6 Dec, 2018. There was initially a bullish trend during this period which started on 2 Nov, 2018 and went on till 9 Nov, 2018. The bullish trend returned +8.12% to investors. This was followed by a bearish trend that started on 6 Dec, 2018 and ended on 11 Dec, 2018. This bearish trend lost -9.39% of investor capital.
CELEBRITY had 6 profitable and 6 loss making months over the last year. CELEBRITY was profitable in more months than NIFTY-50 index. CELEBRITY was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Mar 2018, returned -23.2% compared to -6.42% returned by NIFTY-50 index in Sep 2018. CELEBRITY had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Oct 2018 to Dec 2018) during which period it delivered +11.03%. It is interesting to note that both CELEBRITY and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
It's good to have money and the things that money can buy, but It's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy.
-- George Lorimer
CELEBRITY is becoming less volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant fall in CELEBRITY's volatility from 19 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 CELEBRITY has significant negative skewness in it's return distribution. This indicates that CELEBRITY is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than CELEBRITY. Therefore, NIFTY-50 must receive a lower allocation than CELEBRITY in your portfolio. NIFTY-50 index usually has shorter drawdown period than CELEBRITY.
On a general note (since you are interested in CELEBRITY), two instruments that have delivered similar performance as CELEBRITY are DPSCLTD and SREINFRA. They are suitable as good alternative investment candidates that can diversify your portfolio.
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