91.9 -1.72 (-1.87%) Buy

JMCPROJECT investors looking to cut their losses short

13 min read

JMC PROJECTS (I) LTD. ranked among the worst performers today. It delivered -1.87% to close at 91.9. It's recent 5 day performance has been -1.06%, +0.69%, +5.56%, +1.19% and -2.17%.

[Themes containing JMCPROJECT]

JMCPROJECT is currently in a bullish trend. Over the last three months 3 bullish signals in JMCPROJECT have generated a profit of +4.48% for investors.


JMCPROJECT has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 15 Mar, 2017 to 28 May, 2018. Over the last 3 years and 1 month, JMCPROJECT outperformed the NIFTY-50 index on 46% days. Which indicates that on days JMCPROJECT outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

JMCPROJECT returned losses on 59% days in the last three months. During this time, it delivered on average +0.22% per day. It delivered it's best daily return of +6.16%, during this period, on Monday, 31 Dec, 2018. The longest stort-term trend during this period was 5 losing days, which started on 4 Dec, 2018 and ended on 10 Dec, 2018. This bearish trend lost -8.55% of investor capital.

The last 12 months saw JMCPROJECT's investors making profits in 6 months and incurring losses in 6 months. During the last year, JMCPROJECT delivered profits in more months than NIFTY-50 index. JMCPROJECT was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -27.76% compared to -6.42% returned by NIFTY-50 index in Sep 2018. JMCPROJECT had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from May 2018 to Sep 2018) during which period it delivered -57.85%. It is interesting to note that both JMCPROJECT and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Financial security and independence are like a three-legged stool resting on savings, insurance and investments.
-- Brian Tracy

JMCPROJECT 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 JMCPROJECT's volatility from 22 Oct, 2018 to 5 Dec, 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 JMCPROJECT has significant negative skewness in it's return distribution. This indicates that JMCPROJECT is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in JMCPROJECT you may find it interesting to know that TCS and TORNTPHARM are both large caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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