JAIN IRRIGATION SYSTEMS

64.65 -0.59 (-0.92%) Sell

JISLJALEQS continues its fall as more investors loose confidence

13 min read

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.

[Themes containing JISLJALEQS]

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.

Trend

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.

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