COX & KINGS LIMITED

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.

Trend

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.

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
If you liked what you read here ...

... 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
Share with friends   WhatsApp   Facebook   Twitter