EDELWEISS FIN SERV LTD performed worse than the broader market today. It returned -1.31% to close at 165.8. It's recent 5 day performance has been -2.97%, -0.86%, -1.69%, +0.11% and -1.09%.
EDELWEISS showed a up trend over the last 3 months. During this period EDELWEISS returned +8.33% and saw a maximum drawdown of -17.53%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in EDELWEISS till volatility reduces and a clear trend emerges.
EDELWEISS has been underperforming the NIFTY-50 index in recent time, after having outperformed till 29 May, 2018. Over the last 3 years and 1 month, EDELWEISS outperformed the NIFTY-50 index on 48% days. Which indicates that on days EDELWEISS outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.
During the last three months EDELWEISS delivered losses on 53% days. However, it still managed to end this period in a profit. It's best return during this period (of +5.0%) was on Tuesday, 4 Dec, 2018. While it's worst loss in the same period (of -6.49%) was on Monday, 10 Dec, 2018. There was initially a bearish trend during this period which started on 22 Oct, 2018 and went on till 25 Oct, 2018. The trend delivered -13.11% losses to investors. This was followed by a bullish trend that started on 26 Oct, 2018 and ended on 2 Nov, 2018. This bullish trend delivered +27.02% to investors.
On monthly basis, EDELWEISS delivered losses in more months over the last year, than profits. EDELWEISS delivered profits less regularly than NIFTY-50 index. EDELWEISS was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -32.38% compared to -6.42% returned by NIFTY-50 index in Sep 2018. EDELWEISS had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Aug 2018 to Oct 2018) during which period it delivered -54.87%. It is interesting to note that both EDELWEISS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
If you do chose to invest in a share, invest for the lifetime.
-- Sandeep Sahajpal
EDELWEISS 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 EDELWEISS's volatility from 19 Oct, 2018 to 14 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 EDELWEISS has significant negative skewness in it's return distribution. This indicates that EDELWEISS is very risky for short-term investment and can significantly underperform for long durations.
EDELWEISS has more chance of extreme outcomes than the NIFTY-50 index. Therefore, EDELWEISS must receive a lower allocation than NIFTY-50 in your portfolio. NIFTY-50 index usually has shorter drawdown period than EDELWEISS.
On a general note (since you are interested in EDELWEISS), BAJFINANCE is a large cap that deserves to be closely tracked for investment opportunities.
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