Stop-loss on the minds of GAYAPROJ investors as it ranked worse than it's peers

GAYATRI PROJECTS LTD significantly underperformed on Friday. It delivered -1.63% to close at 177.7. On a day when the overall market breadth was 71%, it closed higher than 76% of the market. In comparison, the benchmark NIFTY-50 index closed today at +0.02%.

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Buy-and-Hold investors in GAYAPROJ experienced a maximum drawdown of -14.5% over the last three months. It delivered +4.65% during this bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals.

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GAYAPROJ has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 26 May, 2016 to 3 Jan, 2018. Over the last 3 years and 1 month, GAYAPROJ underperformed the NIFTY-50 index on 55% days.

During the last three months GAYAPROJ delivered losses on 61% days. However, it still managed to end this period in a profit. It's best return during this period (of +12.44%) was on Monday, 17 Dec, 2018. While it's worst loss in the same period (of -3.77%) was on Monday, 10 Dec, 2018. The longest stort-term trend during this period was 6 losing days, which started on 19 Dec, 2018 and ended on 27 Dec, 2018. This bearish trend lost -8.0% of investor capital.

The last 12 months saw GAYAPROJ's investors making profits in 5 months and incurring losses in 7 months. During the last year, GAYAPROJ and NIFTY-50 index had the same number of profitable months. GAYAPROJ significantly outperformed NIFTY-50 index in Jul 2018, when it returned +25.79% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. GAYAPROJ 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 -28.43%. It is interesting to note that both GAYAPROJ and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Making money from enforcing patents is no more wrong than investing in preferred stock.
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GAYAPROJ 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 GAYAPROJ's volatility from 22 Oct, 2018 to 4 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 GAYAPROJ has significant negative skewness in it's return distribution. This indicates that GAYAPROJ is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in GAYAPROJ you may find it interesting to know that ~CHEMICALS has shown remarkable performance and deserves to be on every investors' watchlist.