GILLETTE continues its fall as more investors loose confidence

GILLETTE INDIA LTD ranked worse than it's peers on Friday. It lost -0.09% to close at 6493.55. On a day when the overall market breadth was 71%, it closed higher than 71% of the market. In comparison, the benchmark NIFTY-50 index closed today at +0.02%.

[Themes containing GILLETTE]

GILLETTE is currently in a down trend. Over the last three months trading short signals has not been a profitable strategy for GILLETTE's investors in general. However, this strategy had significantly lower risk when compared to Buy-and-Hold investing (which returned -1.26%). It is therefore better to tread with caution in the current downtrend by limiting your allocation to GILLETTE.

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Monthly Performance

Alpha (outperformance)

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Volatility

Return distribution

GILLETTE has been underperforming the NIFTY-50 index in recent time, after having outperformed till 8 Dec, 2017. Over the last 3 years and 1 month, GILLETTE outperformed the NIFTY-50 index on 51% days.

GILLETTE returned losses on 59% days in the last three months. During this time, it delivered on average -0.02% per day. It delivered it's worst daily return of -3.45%, during this period, on Monday, 10 Dec, 2018. There was initially a bearish trend during this period which started on 14 Nov, 2018 and went on till 19 Nov, 2018. The trend delivered -0.75% losses to investors. This was followed by a bullish trend that started on 27 Nov, 2018 and ended on 30 Nov, 2018. This bullish trend delivered +0.79% to investors.

GILLETTE had 5 profitable and 7 loss making months over the last year. During the last year, number of profitable months of GILLETTE and NIFTY-50 index were the same. GILLETTE delivered +4.41% during it's best month (Jul 2018), which was lower than +6.56% delivered by NIFTY-50 index during it's best month - Jul 2018. GILLETTE and NIFTY-50 index, both had periods of 2 consecutive losing months.

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-- Robert McChesney

GILLETTE 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 GILLETTE's volatility from 22 Oct, 2018 to 17 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 GILLETTE has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.

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

On a general note (since you are interested in GILLETTE), two mid cap instruments that deserve special mention are HATSUN and BATAINDIA. They have significantly outperformed the overall market.