GLOBUS SPIRITS LTD

148.9 -2.27 (-1.52%) Buy

GLOBUSSPR investors not showing any loss of confidence as it pauses to catch its breath

13 min read

GLOBUS SPIRITS LTD showed weakness on Tuesday. It fell by -1.52% to close at 148.9. It is currently trading -28% below it's 52 week high of 207.05.

[Themes containing GLOBUSSPR]

GLOBUSSPR is currently in a bullish trend. Over the last three months Buy-and-Hold has been a better strategy (returning -2.55%) for GLOBUSSPR's investors than trading long signals.

Trend

GLOBUSSPR has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 29 May, 2017 to 19 Sep, 2018. Over the last 3 years and 1 month, GLOBUSSPR outperformed the NIFTY-50 index on 43% days. Which indicates that on days GLOBUSSPR 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 GLOBUSSPR was mostly loss making and delivered on average -0.0% per day. It's best return during this period (of +8.16%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -7.4%) was on Monday, 5 Nov, 2018. The longest stort-term trend during this period was 9 losing days, which started on 1 Jan, 2019 and ended on 11 Jan, 2019. This bearish trend lost -9.41% of investor capital.

During the last year GLOBUSSPR had 5 profitable months and 7 loss making months. GLOBUSSPR returned profits in fewer months than NIFTY-50 index. GLOBUSSPR significantly outperformed NIFTY-50 index in Aug 2018, when it returned +49.27% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. GLOBUSSPR and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both GLOBUSSPR and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Never invest emergency savings in the stock market.
-- Suze Orman

GLOBUSSPR 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 GLOBUSSPR's volatility from 25 Oct, 2018 to 16 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 GLOBUSSPR has significant negative skewness in it's return distribution. This indicates that GLOBUSSPR is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in GLOBUSSPR), if you are an investor in IGARASHI, you need to be extra careful (consider limiting your exposure or diversifying) as it is extremely unpredictable and therefore risky.

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