JUBILANT INDUSTRIES LTD

116.95 -0.65 (-0.55%) Buy

JUBLINDS investors looking to cut their losses short

13 min read

JUBILANT INDUSTRIES LTD performed worse than the broader market today. It delivered -0.55% to close at 116.95. It's recent 5 day performance has been -2.73%, +1.51%, -1.08%, +7.21% and +9.83%.

[Themes containing JUBLINDS]

JUBLINDS is currently in a bullish trend. The current bullish signal has generated a profit of +4.14% for JUBLINDS's investors in the last three months.

Trend

JUBLINDS has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 2 Feb, 2017 to 14 Dec, 2018. Over the last 3 years and 1 month, JUBLINDS underperformed the NIFTY-50 index on 56% days.

JUBLINDS was profitable on 50% days in the last three months. During this time, it delivered on average +0.42% per day. It delivered it's best daily return of +9.83%, during this period, on Friday, 11 Jan, 2019. The longest stort-term trend during this period was 6 profitable days, which started on 31 Oct, 2018 and went on till 7 Nov, 2018. This bullish trend returned +10.97% to investors.

The last 12 months saw JUBLINDS's investors making profits in 4 months and incurring losses in 8 months. JUBLINDS was less consistent in delivering monthly returs than NIFTY-50 index. JUBLINDS was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -25.27% compared to -6.42% returned by NIFTY-50 index in Sep 2018. JUBLINDS had a longer winning streak of losing months than NIFTY-50 index. It went down in 6 straight months (from Feb 2018 to Jul 2018) during which period it delivered -48.73%. It is interesting to note that both JUBLINDS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

A highly developed stock exchange cannot be a club for the cult of ethics.
-- Max Weber

JUBLINDS is currently seeing overall increase in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant fall in JUBLINDS's volatility from 22 Oct, 2018 to 10 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 JUBLINDS has significant negative skewness in it's return distribution. This indicates that JUBLINDS is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in JUBLINDS you may find it interesting to know that LTTS and HATSUN have both shown remarkable performance this year and deserve to be on every investors' watchlist.

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