Joy for CUB investors as it shows marginal outperformance
18 Jan, 201913 min read
Share with friends 
CITY UNION BANK LTD ranked better than it's peers today. It delivered +0.58% to close at 190.7. It's recent 5 day performance has been +1.91%, -1.79%, +0.03%, -0.71% and -0.73%.
CUB is currently in a bullish trend. The current bullish signal has generated a profit of +11.13% for CUB's investors in the last three months.
CUB has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 25 Jan, 2016 to 30 Aug, 2018. Over the last 3 years and 1 month, CUB outperformed the NIFTY-50 index on 49% days. Which indicates that on days CUB 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 CUB was mostly profitable and delivered on average +0.18% per day. It's best return during this period (of +4.19%) was on Friday, 21 Dec, 2018. While it's worst loss in the same period (of -3.3%) was on Monday, 24 Dec, 2018. The longest stort-term trend during this period was 4 profitable days, which started on 26 Nov, 2018 and went on till 29 Nov, 2018. This bullish trend returned +5.95% to investors.
During the last year CUB had 7 profitable months and 5 loss making months. CUB returned profits in more months than NIFTY-50 index. CUB significantly outperformed NIFTY-50 index in Jul 2018, when it returned +85.97% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. CUB and NIFTY-50 index, both had periods of 2 consecutive profitable months.
I'm involved in the stock market, which is fun and, sometimes, very painful.
-- Regis Philbin
CUB 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 CUB's volatility from 19 Oct, 2018 to 16 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 CUB has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.
NIFTY-50 index has more chance of extreme outcomes than CUB. Therefore, NIFTY-50 must receive a lower allocation than CUB in your portfolio. NIFTY-50 index usually has shorter drawdown period than CUB.
Based on your interest in CUB you may find it interesting to know that BRITANNIA, ~MKTCAP201TO250 and NIFTY-GS-15YRPLUS have all shown remarkable performance and qualify to be on every investor's watchlist.
... 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