118.95 -0.65 (-0.54%) Sell

Waiting to invest in EQUITAS? Look for alternatives because it ranked worse than it's peers

13 min read

EQUITAS ranked worse than it's peers today. On a longer term basis, investors in EQUITAS HOLDINGS LIMITED made +0.01% per day. Friday's performance of -0.54% was a underperformance compared to it's daily average.

[Themes containing EQUITAS]

EQUITAS showed a bearish trend over the last 3 months. During this period EQUITAS delivered -5.63% and saw a maximum drawdown of -24.68%. There were 2 short signals during this period that returned a cumulative of +8.97% to investors.


EQUITAS has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 28 Jul, 2016 to 29 Nov, 2018. Over the last 2 years and 9 months, EQUITAS underperformed the NIFTY-50 index on 53% days.

During the last three months EQUITAS was mostly loss making and delivered on average -0.0% per day. It's best return during this period (of +9.89%) was on Tuesday, 4 Dec, 2018. While it's worst loss in the same period (of -22.77%) was on Friday, 26 Oct, 2018. The longest stort-term trend during this period was 4 losing days, which started on 5 Dec, 2018 and ended on 10 Dec, 2018. This bearish trend lost -15.26% of investor capital.

The last 12 months saw EQUITAS's investors making profits in 6 months and incurring losses in 6 months. During the last year, EQUITAS delivered profits in more months than NIFTY-50 index. EQUITAS was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -23.19% compared to -6.42% returned by NIFTY-50 index in Sep 2018. EQUITAS had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Sep 2018 to Nov 2018) during which period it delivered -34.71%.

Wealth is like sea-water; the more we drink, the thirstier we become; and the same is true of fame.
-- Arthur Schopenhauer

EQUITAS 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 EQUITAS's volatility from 26 Oct, 2018 to 11 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 EQUITAS has positive skewness in it's return distribution. This indicates that investors can expect EQUITAS to make attempts to recover from drawdowns quickly. Which makes EQUITAS a good candidate for momentum based trading on short-term bullish trends or counter-trends.

Investors trading in EQUITAS derivatives at this moment can consider 'Married Call' options strategy to receive better risk-adjusted returns.

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

Based on your interest in EQUITAS you may find it interesting to know that INFY is a large cap that has shown remarkable performance and deserves to be on every investors' watchlist.

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