DWARKESH managed to outperform the broader market today. On a longer term basis, investors in DWARIKESH SUGAR IND LTD made +0.47% per day. Wednesday's performance of +0.63% was a outperformance compared to it's daily average.
Buy-and-Hold investors in DWARKESH experienced a maximum drawdown of -27.69% over the last three months. It fell by -8.94% during this bearish trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +5.35%.
DWARKESH has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 18 Jan, 2016 to 10 Oct, 2017. Over the last 3 years and 1 month, DWARKESH outperformed the NIFTY-50 index on 47% days. Which indicates that on days DWARKESH outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.
DWARKESH returned losses on 54% days in the last three months. During this time, it delivered on average -0.12% per day. It delivered it's best daily return of +4.98%, during this period, on Monday, 29 Oct, 2018. The longest stort-term trend during this period was 9 losing days, which started on 13 Nov, 2018 and ended on 26 Nov, 2018. This bearish trend lost -20.94% of investor capital.
During the last year DWARKESH had 6 profitable months and 6 loss making months. DWARKESH returned profits in more months than NIFTY-50 index. DWARKESH was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -35.62% compared to -6.42% returned by NIFTY-50 index in Sep 2018. DWARKESH 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 +60.09%. It is interesting to note that both DWARKESH and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
Every time you borrow money, you're robbing your future self.
-- Nathan W. Morris
DWARKESH 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 DWARKESH's volatility from 25 Oct, 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.
Based on your interest in DWARKESH you may find it interesting to know that NIITTECH and ASTRAZEN are both small caps that have shown remarkable performance and deserve to be on every investors' watchlist.
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