INFIBEAM AVENUES LIMITED trailed the broader market on Tuesday. It lost -0.8% to close at 43.65. On a day when the overall market breadth was 70%, it closed higher than 77% of the market. In comparison, the benchmark NIFTY-50 index closed today at -0.0036%.
Buy-and-Hold investors in INFIBEAM experienced a maximum drawdown of -31.44% over the last three months. It returned +15.94% during this strong up trending period. There were no long signals during this period. However, the short signal incurred a significant loss, losing -15.94% of investors' capital.
INFIBEAM has been underperforming the NIFTY-50 index in recent time, after having outperformed till 17 Sep, 2018. Over the last 2 years and 10 months, INFIBEAM underperformed the NIFTY-50 index on 49% days. Which indicates that on days INFIBEAM underperforms the NIFTY-50 index, it's performance is marginally worse than on the days it outperforms the NIFTY-50 index.
During the last three months INFIBEAM delivered losses on 61% days. However, it still managed to end this period in a profit. It's best return during this period (of +16.63%) was on Friday, 9 Nov, 2018. While it's worst loss in the same period (of -18.41%) was on Thursday, 25 Oct, 2018. There was initially a bullish trend during this period which started on 30 Oct, 2018 and went on till 9 Nov, 2018. The bullish trend returned +73.86% to investors. This was followed by a bearish trend that started on 12 Nov, 2018 and ended on 16 Nov, 2018. This bearish trend lost -20.39% of investor capital.
INFIBEAM had 7 profitable and 5 loss making months over the last year. INFIBEAM was profitable in more months than NIFTY-50 index. INFIBEAM was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -74.38% compared to -6.42% returned by NIFTY-50 index in Sep 2018. INFIBEAM and NIFTY-50 index, both had periods of 2 consecutive profitable months.
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INFIBEAM 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 fall in INFIBEAM's volatility from 23 Oct, 2018 to 11 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 INFIBEAM has significant positive skewness in it's return distribution. This indicates that investors can expect INFIBEAM to recover from drawdowns quickly. Which makes INFIBEAM a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Investors trading in INFIBEAM derivatives at this moment can consider 'Long Strangle' options strategy to receive better risk-adjusted returns.
NIFTY-50 index has more chance of extreme outcomes than INFIBEAM. Therefore, NIFTY-50 must receive a lower allocation than INFIBEAM in your portfolio. INFIBEAM usually has shorter drawdown period than the NIFTY-50 index.
Based on your interest in INFIBEAM you may find it interesting to know that CUB is a mid cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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