GUJ. APOLLO IND. LTD. managed to marginally outperform the broader market on Friday. It gained +0.03% to close at 160.55. On a day when the overall market breadth was 71%, it closed higher than 48% of the market. In comparison, the benchmark NIFTY-50 index closed today at +0.02%.
GUJAPOLLO is currently in a up trend. Over the last three months Buy-and-Hold has been a better strategy (returning +4.73%) for GUJAPOLLO's investors than trading long signals.
GUJAPOLLO has been underperforming the NIFTY-50 index in recent time, after having outperformed till 12 Sep, 2017. Over the last 3 years and 1 month, GUJAPOLLO underperformed the NIFTY-50 index on 55% days.
GUJAPOLLO returned losses on 56% days in the last three months. During this time, it delivered on average +0.13% per day. It delivered it's best daily return of +17.61%, during this period, on Friday, 16 Nov, 2018. There was initially a bullish trend during this period which started on 6 Nov, 2018 and went on till 9 Nov, 2018. The bullish trend returned +4.4% to investors. This was followed by a bearish trend that started on 21 Dec, 2018 and ended on 26 Dec, 2018. This bearish trend lost -7.87% of investor capital.
GUJAPOLLO had 4 profitable and 8 loss making months over the last year. During the last year, GUJAPOLLO underperformed NIFTY-50 index on monthly return basis. GUJAPOLLO was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -16.07% compared to -6.42% returned by NIFTY-50 index in Sep 2018. GUJAPOLLO had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from May 2018 to Sep 2018) during which period it delivered -33.66%. It is interesting to note that both GUJAPOLLO and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
The secret to investing is to figure out the value of something - and then pay a lot less.
-- Joel Greenblatt
GUJAPOLLO 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 surge in GUJAPOLLO's volatility from 19 Oct, 2018 to 22 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 GUJAPOLLO has significant negative skewness in it's return distribution. This indicates that GUJAPOLLO is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than GUJAPOLLO. Therefore, NIFTY-50 must receive a lower allocation than GUJAPOLLO in your portfolio. NIFTY-50 index usually has shorter drawdown period than GUJAPOLLO.
On a general note (since you are interested in GUJAPOLLO), VINATIORGA is a small cap that deserves to be closely tracked for investment opportunities.
... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.
All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.
We want to empower investors with all the tools and analysis required by them to make a rational investment decision.If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute