D.B.CORP LTD

176.35 -0.85 (-0.48%) Sell

Search for alternative investments is on for DBCORP investors as it underperforms

13 min read

DBCORP underperformed today. On a longer term basis, investors in D.B.CORP LTD made -0.03% per day. Friday's performance of -0.48% was a significant underperformance compared to it's daily average.

[Themes containing DBCORP]

Buy-and-Hold investors in DBCORP experienced a maximum drawdown of -9.78% over the last three months. It gained +1.23% during this up trending period. There were no long signals during this period. However, the short signal was not profitable and lost investors -1.23%.

Trend

DBCORP has been underperforming the NIFTY-50 index in recent time, after having outperformed till 3 Aug, 2016. Over the last 3 years and 1 month, DBCORP underperformed the NIFTY-50 index on 51% days.

DBCORP was profitable on 50% days in the last three months. During this time, it delivered on average +0.03% per day. It delivered it's best daily return of +7.58%, during this period, on Wednesday, 9 Jan, 2019. There was initially a bearish trend during this period which started on 22 Nov, 2018 and went on till 7 Dec, 2018. The trend delivered -10.18% losses to investors. This was followed by a bullish trend that started on 14 Dec, 2018 and ended on 20 Dec, 2018. This bullish trend delivered +3.21% to investors.

On monthly basis, DBCORP delivered losses in more months over the last year, than profits. DBCORP delivered profits less regularly than NIFTY-50 index. DBCORP was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Oct 2018, returned -20.86% compared to -6.42% returned by NIFTY-50 index in Sep 2018. DBCORP had a longer winning streak of losing months than NIFTY-50 index. It went down in 8 straight months (from Mar 2018 to Oct 2018) during which period it delivered -65.64%.

"There are no patents in finance.

DBCORP 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 DBCORP's volatility from 19 Oct, 2018 to 30 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 DBCORP has significant negative skewness in it's return distribution. This indicates that DBCORP is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in DBCORP), TCS is a large cap that deserves to be closely tracked for investment opportunities.

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