Are you evaluating investing in FIEMIND? Consider as it is looking better than most other alternatives

FIEMIND is looking better than most other alternatives today. On a longer term basis, investors in FIEM INDUSTRIES LIMITED made +0.02% per day. Tuesday's performance of +0.27% was a significant outperformance compared to it's daily average.

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FIEMIND showed a strong down trend over the last 3 months. During this period FIEMIND lost -21.72% and saw a maximum drawdown of -24.32%. There was a short signal during this period which returned +20.79%.

Trend

Monthly Performance

Alpha (outperformance)

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Volatility

Return distribution

FIEMIND has been underperforming the NIFTY-50 index in recent time, after having outperformed till 18 Oct, 2016. Over the last 3 years and 1 month, FIEMIND underperformed the NIFTY-50 index on 55% days.

During the last three months FIEMIND was mostly loss making and delivered on average -0.38% per day. It's best return during this period (of +3.17%) was on Wednesday, 7 Nov, 2018. While it's worst loss in the same period (of -5.21%) was on Monday, 31 Dec, 2018. There was initially a bearish trend during this period which started on 24 Oct, 2018 and went on till 2 Nov, 2018. The trend delivered -5.78% losses to investors. This was followed by a bullish trend that started on 4 Jan, 2019 and ended on 10 Jan, 2019. This bullish trend delivered +5.21% to investors.

FIEMIND had 3 profitable and 9 loss making months over the last year. During the last year, FIEMIND underperformed NIFTY-50 index on monthly return basis. FIEMIND was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -20.82% compared to -6.42% returned by NIFTY-50 index in Sep 2018. FIEMIND had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from May 2018 to Sep 2018) during which period it delivered -42.21%. It is interesting to note that both FIEMIND and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Glamour is what I sell, it's my stock in trade.
-- Marlene Dietrich

FIEMIND 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 FIEMIND's volatility from 23 Oct, 2018 to 5 Dec, 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 FIEMIND has significant negative skewness in it's return distribution. This indicates that FIEMIND is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in FIEMIND you may find it interesting to know that HINDUNILVR, INFY and BAJFINANCE are large caps that have all shown remarkable performance and qualify to be on every investor's watchlist.