110.3 0.0 (0.0%) Buy

JAGRAN investors considering profit booking at current levels

13 min read

JAGRAN PRAKASHAN LIMITED ranked better than it's peers today. It delivered 0.0% to close at 110.3. During the last week it delivered -2.3% and saw a maximum drawdown of -2.43% before bouncing back.

[Themes containing JAGRAN]

JAGRAN is currently in a bullish trend. Over the last three months Buy-and-Hold has been a better strategy (returning +2.08%) for JAGRAN's investors than trading long signals.


JAGRAN has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 20 Oct, 2016 to 17 Aug, 2018. Over the last 3 years and 1 month, JAGRAN underperformed the NIFTY-50 index on 51% days.

During the last three months JAGRAN delivered losses on 58% days. However, it still managed to end this period in a profit. It's best return during this period (of +5.48%) was on Monday, 29 Oct, 2018. While it's worst loss in the same period (of -3.33%) was on Thursday, 1 Nov, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +6.16%) started on 15 Nov, 2018 and went on till 21 Nov, 2018 while the bearish trend (which returned -6.12%) started on 21 Dec, 2018 and went on till 28 Dec, 2018.

The last 12 months saw JAGRAN's investors making profits in 4 months and incurring losses in 8 months. JAGRAN was less consistent in delivering monthly returs than NIFTY-50 index. JAGRAN was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -16.76% compared to -6.42% returned by NIFTY-50 index in Sep 2018. JAGRAN had a longer winning streak of losing months than NIFTY-50 index. It went down in 4 straight months (from Apr 2018 to Jul 2018) during which period it delivered -37.82%.

The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind.
-- T.T. Munger

JAGRAN 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 surge in JAGRAN's volatility from 19 Oct, 2018 to 1 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 JAGRAN has significant negative skewness in it's return distribution. This indicates that JAGRAN is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in JAGRAN you may find it interesting to know that HATSUN, LTI and LTTS are mid caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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