GTL INFRA.LTD

1.4 +0.05 (+3.7%) Buy

Waiting to invest in GTLINFRA? Consider at the moment as it outperformed the broader market

13 min read

GTLINFRA outperformed the broader market today. On a longer term basis, investors in GTL INFRA.LTD made +0.02% per day. Friday's performance of +3.7% was a outperformance compared to it's daily average.

[Themes containing GTLINFRA]

GTLINFRA showed a strong bullish trend over the last 3 months. During this period GTLINFRA increased by +21.74% and saw a maximum drawdown of -38.46%. There was a long signal during this period which returned +21.74%.

Trend

GTLINFRA has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 28 Jul, 2017 to 19 Dec, 2018. Over the last 3 years and 1 month, GTLINFRA underperformed the NIFTY-50 index on 56% days.

During the last three months GTLINFRA delivered losses on 69% days. However, it still managed to end this period in a profit. It's best return during this period (of +10.0%) was on Thursday, 10 Jan, 2019. While it's worst loss in the same period (of -10.0%) was on Monday, 10 Dec, 2018. The longest stort-term trend during this period was 16 profitable days, which started on 28 Dec, 2018 and went on till 18 Jan, 2019. This bullish trend returned +57.57% to investors.

The last 12 months saw GTLINFRA's investors making profits in 2 months and incurring losses in 10 months. GTLINFRA was less consistent in delivering monthly returs than NIFTY-50 index. GTLINFRA significantly outperformed NIFTY-50 index in Jan 2019, when it returned +75.0% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. GTLINFRA 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 -120.23%. It is interesting to note that both GTLINFRA and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Well, I think that there's a very thin dividing line between success and failure. And I think if you start a business without financial backing, you're likely to go the wrong side of that dividing line.

GTLINFRA 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 GTLINFRA's volatility from 19 Oct, 2018 to 5 Nov, 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 GTLINFRA 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 GTLINFRA. Therefore, NIFTY-50 must receive a lower allocation than GTLINFRA in your portfolio. NIFTY-50 index usually has shorter drawdown period than GTLINFRA.

Based on your interest in GTLINFRA you may find it interesting to know that HATSUN and NIITTECH have both shown remarkable performance this year and deserve to be on every investors' watchlist.

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