GOKUL REFOILS & SOLV LTD

16.25 +0.36 (+2.2%) Buy

GOKUL continues to mint money for it's investors

13 min read

GOKUL REFOILS & SOLV LTD outperformed the broader market today. It increased by +2.2% to close at 16.25. During the last week it increased by +7.62%.

[Themes containing GOKUL]

Buy-and-Hold investors in GOKUL experienced a maximum drawdown of -25.82% over the last three months. It increased by +88.95% during this strong 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. The net profit from Long signals was +53.79%.

Trend

GOKUL has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 17 May, 2017 to 29 Nov, 2018. Over the last 3 years and 1 month, GOKUL underperformed the NIFTY-50 index on 54% days.

During the last three months GOKUL was mostly profitable and delivered on average +1.17% per day. It's best return during this period (of +19.9%) was on Monday, 3 Dec, 2018. While it's worst loss in the same period (of -10.56%) was on Tuesday, 27 Nov, 2018. The longest stort-term trend during this period was 9 profitable days, which started on 11 Jan, 2019 and went on till 23 Jan, 2019. This bullish trend returned +15.79% to investors.

During the last year GOKUL had 5 profitable months and 7 loss making months. Profitable number of months of GOKUL and NIFTY-50 index were the same. GOKUL significantly outperformed NIFTY-50 index in Dec 2018, when it returned +52.04% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. GOKUL had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Nov 2018 to Jan 2019) during which period it delivered +78.47%.

I owe my success to having listened respectfully to the very best advice, and then going away and doing the exact opposite.
-- G. K. Chesterton

GOKUL is currently seeing overall increase in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant surge in GOKUL's volatility from 24 Oct, 2018 to 25 Oct, 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 GOKUL 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.

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

Based on your interest in GOKUL you may find it interesting to know that KARURVYSYA and LTTS are both mid caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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