JISLJALEQS ranked worse than it's peers today. On a longer term basis, investors in JAIN IRRIGATION SYSTEMS made 0.0% per day. Friday's performance of -0.92% was a significant underperformance compared to it's daily average.
Buy-and-Hold investors in JISLJALEQS experienced a maximum drawdown of -20.73% over the last three months. It lost -1.15% during this down trending period. There were no long signals during this period, where the short signal generated profits of +1.15% for investors.
JISLJALEQS has been underperforming the NIFTY-50 index in recent time, after having outperformed till 29 Jan, 2018. Over the last 3 years and 1 month, JISLJALEQS underperformed the NIFTY-50 index on 52% days.
During the last three months JISLJALEQS delivered losses on 51% days. However, it still managed to end this period in a profit. It's best return during this period (of +6.24%) was on Wednesday, 12 Dec, 2018. While it's worst loss in the same period (of -5.66%) was on Tuesday, 20 Nov, 2018. There was initially a bullish trend during this period which started on 26 Oct, 2018 and went on till 2 Nov, 2018. The bullish trend returned +14.49% to investors. This was followed by a bearish trend that started on 27 Nov, 2018 and ended on 29 Nov, 2018. This bearish trend lost -5.72% of investor capital.
JISLJALEQS had 5 profitable and 7 loss making months over the last year. During the last year, number of profitable months of JISLJALEQS and NIFTY-50 index were the same. JISLJALEQS was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -27.54% compared to -6.42% returned by NIFTY-50 index in Sep 2018. JISLJALEQS and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both JISLJALEQS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
-- Peter Lynch.
JISLJALEQS 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 JISLJALEQS's volatility from 30 Oct, 2018 to 18 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 JISLJALEQS has significant positive skewness in it's return distribution. This indicates that investors can expect JISLJALEQS to recover from drawdowns quickly. Which makes JISLJALEQS a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Investors trading in JISLJALEQS 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 JISLJALEQS. Therefore, NIFTY-50 must receive a lower allocation than JISLJALEQS in your portfolio. NIFTY-50 index usually has shorter drawdown period than JISLJALEQS.
On a general note (since you are interested in JISLJALEQS), IGARASHI 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