164.95 -4.43 (-2.68%) Sell

Doubt in the minds of COX&KINGS investors as it delivered massive losses

13 min read

COX & KINGS LIMITED ranked among the worst performers today. It fell by -2.68% to close at 164.95. It's recent 5 day performance has been -2.98%, +1.39%, +2.77%, -1.38% and -1.19%.

[Themes containing COX&KINGS]

COX&KINGS is currently in a bearish trend. The current bearish signal has generated a profit of +19.85% for investors in the last three months.


COX&KINGS has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 8 Jan, 2016 to 14 Dec, 2018. Over the last 3 years and 1 month, COX&KINGS underperformed the NIFTY-50 index on 54% days.

COX&KINGS returned losses on 62% days in the last three months. During this time, it delivered on average -0.31% per day. It delivered it's worst daily return of -7.93%, during this period, on Thursday, 25 Oct, 2018. The longest stort-term trend during this period was 8 losing days, which started on 30 Nov, 2018 and ended on 11 Dec, 2018. This bearish trend lost -16.39% of investor capital.

During the last year COX&KINGS had 3 profitable months and 9 loss making months. COX&KINGS returned profits in fewer months than NIFTY-50 index. COX&KINGS was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -25.18% compared to -6.42% returned by NIFTY-50 index in Sep 2018. COX&KINGS had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Feb 2018 to Jun 2018) during which period it delivered -19.78%. It is interesting to note that both COX&KINGS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Based on my own personal experience - both as an investor in recent years and an expert witness in years past - rarely do more than three or four variables really count. Everything else is noise.

COX&KINGS 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 COX&KINGS's volatility from 19 Oct, 2018 to 21 Nov, 2018. 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 COX&KINGS has significant negative skewness in it's return distribution. This indicates that COX&KINGS is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in COX&KINGS you may find it interesting to know that CUB, MERCK and LTI have all shown remarkable performance this year and deserve to be on every investor's watchlist.

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