CYBERTECH SYSTEMS & SOFTW delivered lacklustre performance on Friday. It lost -0.6% to close at 41.35. It is currently trading -52% below it's 52 week high of 87.2.
CYBERTECH showed a flat trend over the last 3 months. During this period CYBERTECH returned -0.12% and saw a maximum drawdown of -10.92%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in CYBERTECH till volatility reduces and a clear trend emerges.
CYBERTECH has been underperforming the NIFTY-50 index in recent time, after having outperformed till 25 Oct, 2016. Over the last 3 years and 1 month, CYBERTECH underperformed the NIFTY-50 index on 56% days.
During the last three months CYBERTECH delivered losses on 57% days. However, it still managed to end this period in a profit. It's best return during this period (of +4.83%) was on Tuesday, 6 Nov, 2018. While it's worst loss in the same period (of -4.0%) was on Wednesday, 14 Nov, 2018. There was initially a bullish trend during this period which started on 29 Oct, 2018 and went on till 31 Oct, 2018. The bullish trend returned +4.86% to investors. This was followed by a bearish trend that started on 9 Jan, 2019 and ended on 15 Jan, 2019. This bearish trend lost -3.3% of investor capital.
CYBERTECH had 4 profitable and 8 loss making months over the last year. During the last year, CYBERTECH underperformed NIFTY-50 index on monthly return basis. CYBERTECH was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Mar 2018, returned -20.92% compared to -6.42% returned by NIFTY-50 index in Sep 2018. CYBERTECH and NIFTY-50 index, both had periods of 2 consecutive losing months. It is interesting to note that both CYBERTECH and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
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CYBERTECH 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 CYBERTECH's volatility from 25 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 CYBERTECH has significant negative skewness in it's return distribution. This indicates that CYBERTECH is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than CYBERTECH. Therefore, NIFTY-50 must receive a lower allocation than CYBERTECH in your portfolio. NIFTY-50 index usually has shorter drawdown period than CYBERTECH.
On a general note (since you are interested in CYBERTECH), IGARASHI is a small cap that deserves to be closely tracked for investment opportunities.
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