Sun shines over KTKBANK investors as it delivers great returns

KARNATAKA BANK LIMITED ranked among the best performers today. It delivered +0.95% to close at 122.1. It's recent 5 day performance has been +1.47%, -0.08%, +0.21%, +2.54% and +0.69%.

[Themes containing KTKBANK]

KTKBANK is currently in a bullish trend. The current bullish signal has generated a profit of +16.18% for KTKBANK's investors in the last three months.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

KTKBANK has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 1 Jun, 2017 to 28 Sep, 2018. Over the last 3 years and 1 month, KTKBANK underperformed the NIFTY-50 index on 50% days. Which indicates that on days KTKBANK underperforms the NIFTY-50 index, it's performance is marginally worse than on the days it outperforms the NIFTY-50 index.

During the last three months KTKBANK was mostly profitable and delivered on average +0.37% per day. It's best return during this period (of +4.36%) was on Friday, 4 Jan, 2019. While it's worst loss in the same period (of -3.43%) was on Tuesday, 20 Nov, 2018. The longest stort-term trend during this period was 12 profitable days, which started on 24 Oct, 2018 and went on till 9 Nov, 2018. This bullish trend returned +13.69% to investors.

During the last year KTKBANK had 6 profitable months and 6 loss making months. KTKBANK returned profits in more months than NIFTY-50 index. KTKBANK was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -18.7% compared to -6.42% returned by NIFTY-50 index in Sep 2018. KTKBANK and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both KTKBANK and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don't quit.
-- Conrad Hilton

KTKBANK 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 KTKBANK's volatility from 19 Oct, 2018 to 30 Oct, 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 KTKBANK has significant positive skewness in it's return distribution. This indicates that investors can expect KTKBANK to recover from drawdowns quickly. Which makes KTKBANK a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

Investors trading in KTKBANK derivatives at this moment can consider 'Protective Collar' options strategy to receive better risk-adjusted returns.

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

Based on your interest in KTKBANK you may find it interesting to know that ASTRAZEN, RESPONIND and VINATIORGA are small caps that have all shown remarkable performance and qualify to be on every investor's watchlist.