86.75 -0.6 (-0.69%) Sell

KCP continues its fall as more investors loose confidence

13 min read

KCP LTD ranked worse than it's peers today. It returned -0.69% to close at 86.75. It's recent 5 day performance has been -1.52%, -0.95%, -0.56%, +0.67% and -0.28%.

[Themes containing KCP]

KCP is currently in a down trend. Over the last three months 3 bearish signals have generated a profit of +3.01% for investors.


KCP has been underperforming the NIFTY-50 index in recent time, after having outperformed till 4 Jan, 2018. Over the last 3 years and 1 month, KCP underperformed the NIFTY-50 index on 53% days.

During the last three months KCP was mostly loss making and delivered on average -0.1% per day. It's best return during this period (of +7.83%) was on Wednesday, 12 Dec, 2018. While it's worst loss in the same period (of -5.45%) was on Tuesday, 13 Nov, 2018. There was initially a bullish trend during this period which started on 26 Oct, 2018 and went on till 1 Nov, 2018. The bullish trend returned +2.13% to investors. This was followed by a bearish trend that started on 13 Nov, 2018 and ended on 16 Nov, 2018. This bearish trend lost -8.44% of investor capital.

On monthly basis, KCP delivered losses in more months over the last year, than profits. KCP delivered profits less regularly than NIFTY-50 index. KCP was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -17.53% compared to -6.42% returned by NIFTY-50 index in Sep 2018. KCP and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both KCP and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"If all the economists were laid end to end, they'd never reach a conclusion.

KCP is becoming less volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant fall in KCP's volatility from 24 Oct, 2018 to 4 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 KCP has significant negative skewness in it's return distribution. This indicates that KCP is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in KCP you may find it interesting to know that NIFTY-GS-15YRPLUS and BRITANNIA have both shown remarkable performance and deserve to be on every investors' watchlist.

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