GOCL CORPORATION LIMITED ranked among the worst performers today. It fell by -1.61% to close at 263.0. During the last week it fell by -2.16% and saw a maximum drawdown of -2.16%.
Buy-and-Hold investors in GOCLCORP experienced a maximum drawdown of -16.64% over the last three months. It fell by -10.18% during this strong bearish trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +9.32%.
GOCLCORP has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 31 Mar, 2016 to 9 Jan, 2018. Over the last 3 years and 1 month, GOCLCORP outperformed the NIFTY-50 index on 46% days. Which indicates that on days GOCLCORP 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 GOCLCORP was mostly loss making and delivered on average -0.15% per day. It's best return during this period (of +7.16%) was on Tuesday, 27 Nov, 2018. While it's worst loss in the same period (of -4.21%) was on Thursday, 1 Nov, 2018. The longest stort-term trend during this period was 7 losing days, which started on 2 Jan, 2019 and ended on 10 Jan, 2019. This bearish trend lost -7.23% of investor capital.
During the last year GOCLCORP had 3 profitable months and 9 loss making months. GOCLCORP returned profits in fewer months than NIFTY-50 index. GOCLCORP was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -20.16% compared to -6.42% returned by NIFTY-50 index in Sep 2018. GOCLCORP had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Feb 2018 to Jun 2018) during which period it delivered -47.0%. It is interesting to note that both GOCLCORP and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.
-- Warren Edward Buffett
GOCLCORP 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 GOCLCORP's volatility from 24 Oct, 2018 to 27 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 GOCLCORP has significant negative skewness in it's return distribution. This indicates that GOCLCORP is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than GOCLCORP. Therefore, NIFTY-50 must receive a lower allocation than GOCLCORP in your portfolio. NIFTY-50 index usually has shorter drawdown period than GOCLCORP.
Based on your interest in GOCLCORP you may find it interesting to know that ~HOMEAPPLIANCES and NIFTY50-DIV-POINT are highly volatile and therefore risky. Investors should consider limiting their exposure to these instruments (because of their volatile nature).
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