98.45 -1.14 (-1.15%) Buy

Don't go shopping for DALMIASUG now, it is underperforming the market

13 min read

DALMIA BHARAT SUG IN LTD delivered lacklustre performance today. It delivered -1.15% to close at 98.45. It's recent 5 day performance has been -1.43%, -2.32%, -1.1%, +1.21% and +3.14%.

[Themes containing DALMIASUG]

DALMIASUG showed a strong bullish trend over the last 3 months. During this period DALMIASUG surged by +16.23% and saw a maximum drawdown of -18.22%. There were 2 long signals during this period that returned a cumulative of +10.96% to investors.


DALMIASUG has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 2 Feb, 2017 to 23 Jul, 2018. Over the last 3 years and 1 month, DALMIASUG outperformed the NIFTY-50 index on 46% days. Which indicates that on days DALMIASUG outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

DALMIASUG returned losses on 61% days in the last three months. During this time, it delivered on average +0.29% per day. It delivered it's best daily return of +15.24%, during this period, on Monday, 12 Nov, 2018. The longest stort-term trend during this period was 11 losing days, which started on 13 Dec, 2018 and ended on 28 Dec, 2018. This bearish trend lost -11.24% of investor capital.

The last 12 months saw DALMIASUG's investors making profits in 7 months and incurring losses in 5 months. During the last year, DALMIASUG delivered profits in more months than NIFTY-50 index. DALMIASUG was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Mar 2018, returned -38.3% compared to -6.42% returned by NIFTY-50 index in Sep 2018. DALMIASUG had a longer winning streak of profitable months than NIFTY-50 index. It went up in 5 straight months (from Jul 2018 to Nov 2018) during which period it delivered +71.32%. It is interesting to note that both DALMIASUG and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.

DALMIASUG 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 DALMIASUG's volatility from 12 Nov, 2018 to 2 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 DALMIASUG has significant negative skewness in it's return distribution. This indicates that DALMIASUG is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in DALMIASUG), if you are an investor in HATSUN, you need to be extra careful (consider limiting your exposure or diversifying) as it is extremely unpredictable and therefore risky.

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