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.
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.
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