INSECTICIDES (I) LTD

634.0 -6.48 (-1.02%) Buy

INSECTICID investors not showing any loss of confidence as it pauses to catch its breath

13 min read

INSECTICID underperformed today. On a longer term basis, investors in INSECTICIDES (I) LTD made +0.12% per day. Wednesday's performance of -1.02% was a underperformance compared to it's daily average.

[Themes containing INSECTICID]

Buy-and-Hold investors in INSECTICID experienced a maximum drawdown of -11.48% over the last three months. It surged by +60.77% 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 +45.76%.

Trend

INSECTICID has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 5 Oct, 2017 to 11 Oct, 2018. Over the last 3 years and 1 month, INSECTICID outperformed the NIFTY-50 index on 49% days. Which indicates that on days INSECTICID outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

INSECTICID was profitable on 61% days in the last three months. During this time, it delivered on average +0.79% per day. It delivered it's best daily return of +7.41%, during this period, on Thursday, 29 Nov, 2018. The longest stort-term trend during this period was 10 profitable days, which started on 29 Oct, 2018 and went on till 12 Nov, 2018. This bullish trend returned +22.0% to investors.

The last 12 months saw INSECTICID's investors making profits in 6 months and incurring losses in 6 months. During the last year, INSECTICID delivered profits in more months than NIFTY-50 index. INSECTICID significantly outperformed NIFTY-50 index in Nov 2018, when it returned +33.5% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. INSECTICID 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 +47.82%. It is interesting to note that both INSECTICID and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"A budget tells us what we can't afford, but it doesn't keep us from buying it.

INSECTICID 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 INSECTICID's volatility from 24 Oct, 2018 to 15 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 INSECTICID has significant negative skewness in it's return distribution. This indicates that INSECTICID is very risky for short-term investment and can significantly underperform for long durations.

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

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

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
If you liked what you read here ...

... 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
Share with friends   WhatsApp   Facebook   Twitter