Joy for KAJARIACER investors as it shows marginal outperformance

KAJARIA CERAMICS LTD managed to outperform the broader market today. It delivered 0.0% to close at 535.0. During the last week it surged by +1.65% and saw a maximum drawdown of -0.03% before bouncing back.

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KAJARIACER is currently in a bullish trend. Over the last three months 2 bullish signals in KAJARIACER have generated a profit of +27.72% for investors.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

KAJARIACER has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 17 Oct, 2016 to 28 Sep, 2018. Over the last 3 years and 1 month, KAJARIACER underperformed the NIFTY-50 index on 51% days.

KAJARIACER was profitable on 69% days in the last three months. During this time, it delivered on average +0.74% per day. It delivered it's best daily return of +7.53%, during this period, on Thursday, 25 Oct, 2018. The longest stort-term trend during this period was 13 profitable days, which started on 30 Oct, 2018 and went on till 16 Nov, 2018. This bullish trend returned +18.41% to investors.

The last 12 months saw KAJARIACER's investors making profits in 6 months and incurring losses in 6 months. During the last year, KAJARIACER delivered profits in more months than NIFTY-50 index. KAJARIACER was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -21.64% compared to -6.42% returned by NIFTY-50 index in Sep 2018. KAJARIACER had a longer winning streak of profitable months than NIFTY-50 index. It went up in 4 straight months (from Oct 2018 to Jan 2019) during which period it delivered +35.7%.

Try not to become a man of success. Rather become a man of value.
-- Albert Einstein

KAJARIACER 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 KAJARIACER's volatility from 25 Oct, 2018 to 17 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 KAJARIACER has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.

Investors trading in KAJARIACER derivatives at this moment can consider 'Married Call' options strategy to receive better risk-adjusted returns.

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

Based on your interest in KAJARIACER you may find it interesting to know that AIAENG, ~REFINERIES and NESCO have all performed similar to KAJARIACER and qualify as alternative investment candidates that must be evaluated for diversification.