68.0 -0.79 (-1.16%) Buy

JSWENERGY investors not showing any loss of confidence as it pauses to catch its breath

13 min read

JSW ENERGY LIMITED performed worse than the broader market today. It fell by -1.16% to close at 68.0. It's recent 5 day performance has been -1.43%, +1.31%, 0.0%, -1.64% and +0.21%.

[Themes containing JSWENERGY]

JSWENERGY is currently in a bullish trend. The current bullish signal has generated a profit of +0.07% for JSWENERGY's investors in the last three months.


JSWENERGY has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 12 Jan, 2016 to 1 Oct, 2018. Over the last 3 years and 1 month, JSWENERGY underperformed the NIFTY-50 index on 52% days.

During the last three months JSWENERGY was mostly profitable and delivered on average +0.09% per day. It's best return during this period (of +5.91%) was on Friday, 9 Nov, 2018. While it's worst loss in the same period (of -4.87%) was on Monday, 24 Dec, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 1 Nov, 2018 and went on till 9 Nov, 2018. This bullish trend returned +11.29% to investors.

During the last year JSWENERGY had 6 profitable months and 6 loss making months. JSWENERGY returned profits in more months than NIFTY-50 index. JSWENERGY was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -20.24% compared to -6.42% returned by NIFTY-50 index in Sep 2018. JSWENERGY had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Oct 2018 to Dec 2018) during which period it delivered +12.94%. It is interesting to note that both JSWENERGY and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

You can only become truly accomplished at something you love. Don't make money your goal. Instead, pursue the things you love doing, and then do them so well that people can't take their eyes off you.
-- Maya Angelou

JSWENERGY 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 JSWENERGY's volatility from 12 Nov, 2018 to 11 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 JSWENERGY has positive skewness in it's return distribution. This indicates that investors can expect JSWENERGY to make attempts to recover from drawdowns quickly. Which makes JSWENERGY a good candidate for momentum based trading on short-term bullish trends or counter-trends.

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

Based on your interest in JSWENERGY you may find it interesting to know that BAJFINANCE, NIFTY-GS-15YRPLUS and ~CHEMICALS have all shown remarkable performance and qualify to be on every investor's watchlist.

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