KARUR VYSYA BANK LTD

92.1 +0.2 (+0.22%) Buy

KARURVYSYA investors elated by performance

13 min read

KARUR VYSYA BANK LTD ranked better than it's peers today. It delivered +0.22% to close at 92.1. During the last week it delivered -0.91% and saw a maximum drawdown of -1.88% before bouncing back.

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KARURVYSYA is currently in a bullish trend. Over the last three months 2 bullish signals in KARURVYSYA have generated a profit of +13.42% for investors.

Trend

KARURVYSYA has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 30 Jul, 2018 to 14 Aug, 2018. Over the last 3 years and 1 month, KARURVYSYA outperformed the NIFTY-50 index on 48% days. Which indicates that on days KARURVYSYA outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

During the last three months KARURVYSYA was mostly profitable and delivered on average +0.31% per day. It's best return during this period (of +3.36%) was on Wednesday, 12 Dec, 2018. While it's worst loss in the same period (of -2.96%) was on Monday, 26 Nov, 2018. The longest stort-term trend during this period was 7 profitable days, which started on 24 Dec, 2018 and went on till 2 Jan, 2019. This bullish trend returned +7.68% to investors.

The last 12 months saw KARURVYSYA's investors making profits in 4 months and incurring losses in 8 months. KARURVYSYA was less consistent in delivering monthly returs than NIFTY-50 index. KARURVYSYA significantly outperformed NIFTY-50 index in Aug 2018, when it returned +87.11% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. KARURVYSYA had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from May 2018 to Jul 2018) during which period it delivered -5.84%. It is interesting to note that both KARURVYSYA and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.
-- Jim Rogers

KARURVYSYA 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 KARURVYSYA's volatility from 22 Oct, 2018 to 10 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 KARURVYSYA has significant negative skewness in it's return distribution. This indicates that KARURVYSYA is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in KARURVYSYA you may find it interesting to know that BAJFINANCE is a large cap that has shown remarkable performance and deserves to be on every investors' watchlist.

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