Sun shines over KRBL investors as it ranks among the best performers
18 Jan, 201913 min read
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KRBL LIMITED outperformed on Friday. It surged by +12.03% to close at 379.9. It is currently trading -40% below it's 52 week high of 636.15.
Buy-and-Hold investors in KRBL experienced a maximum drawdown of -21.73% over the last three months. It surged by +10.21% during this strong bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals. The net profit from Long signals was +11.29%.
KRBL has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 2 Nov, 2017 to 1 Jan, 2019. Over the last 3 years and 1 month, KRBL outperformed the NIFTY-50 index on 50% days. Which indicates that on days KRBL outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.
KRBL returned losses on 56% days in the last three months. During this time, it delivered on average +0.2% per day. It delivered it's best daily return of +12.03%, during this period, on Friday, 18 Jan, 2019. The longest stort-term trend during this period was 5 losing days, which started on 16 Nov, 2018 and ended on 22 Nov, 2018. This bearish trend lost -4.33% of investor capital.
During the last year KRBL had 6 profitable months and 6 loss making months. KRBL returned profits in more months than NIFTY-50 index. KRBL was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -37.35% compared to -6.42% returned by NIFTY-50 index in Sep 2018. KRBL and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both KRBL and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
"You have venture capitalists. We view them as experts who also help finance your company and give directions and also some pretty candid discussions about what you have to do better.
KRBL 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 surge in KRBL's volatility from 1 Jan, 2019 to 18 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 KRBL 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.
NIFTY-50 index has more chance of extreme outcomes than KRBL. Therefore, NIFTY-50 must receive a lower allocation than KRBL in your portfolio. NIFTY-50 index usually has shorter drawdown period than KRBL.
Based on your interest in KRBL you may find it interesting to know that CUB is a mid cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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