DHAMPUR SUGAR MILLS LTD. underperformed broader market on Wednesday. It lost -0.94% to close at 168.95. It is currently trading +128% above it's 52 week low of 73.9 and is down only -21% from it's 52 week high.
Buy-and-Hold investors in DHAMPURSUG experienced a maximum drawdown of -19.24% over the last three months. It gained +17.9% during this strong up trending period. There were no short signals during this period, while the long signal generated good profits of +17.9% for investors.
DHAMPURSUG has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, DHAMPURSUG outperformed the NIFTY-50 index on 48% days. Which indicates that on days DHAMPURSUG outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.
DHAMPURSUG was profitable on 50% days in the last three months. During this time, it delivered on average +0.31% per day. It delivered it's best daily return of +10.0%, during this period, on Monday, 12 Nov, 2018. There was initially a bullish trend during this period which started on 31 Dec, 2018 and went on till 8 Jan, 2019. The bullish trend returned +13.47% to investors. This was followed by a bearish trend that started on 17 Jan, 2019 and ended on 23 Jan, 2019. This bearish trend lost -7.46% of investor capital.
DHAMPURSUG had 8 profitable and 4 loss making months over the last year. DHAMPURSUG was profitable in more months than NIFTY-50 index. DHAMPURSUG significantly outperformed NIFTY-50 index in Oct 2018, when it returned +36.79% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. DHAMPURSUG had a longer winning streak of profitable months than NIFTY-50 index. It went up in 4 straight months (from Jul 2018 to Oct 2018) during which period it delivered +68.95%. It is interesting to note that both DHAMPURSUG and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
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DHAMPURSUG 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 surge in DHAMPURSUG's volatility from 24 Oct, 2018 to 31 Oct, 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 DHAMPURSUG has significant negative skewness in it's return distribution. This indicates that DHAMPURSUG is very risky for short-term investment and can significantly underperform for long durations.
DHAMPURSUG has more chance of extreme outcomes than the NIFTY-50 index. Therefore, DHAMPURSUG must receive a lower allocation than NIFTY-50 in your portfolio. NIFTY-50 index usually has shorter drawdown period than DHAMPURSUG.
On a general note (since you are interested in DHAMPURSUG), if you are evaluating DHAMPURSUG as an investment candidate, then you should read about KANORICHEM which has delivered similar performance and can help diversify your portfolio.
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