409.8 +2.82 (+0.69%) Sell

Profit booking on the minds of LGBBROSLTD investors as it performed better than the broader market

13 min read

LG BALAKRISHNAN & BROS is looking better than most other alternatives today. It grew by +0.69% to close at 409.8. It's recent 5 day performance has been -1.17%, +0.39%, -1.03%, -0.02% and +1.0%.

[Themes containing LGBBROSLTD]

LGBBROSLTD is currently in a down trend. The previous short signal in LGBBROSLTD has not been profitable for investors in general. If you are short on LGBBROSLTD at current levels please make sure that your allocation is limited and that your portfolio is well diversified.


LGBBROSLTD has been underperforming the NIFTY-50 index in recent time, after having outperformed till 4 Jun, 2018. Over the last 3 years and 1 month, LGBBROSLTD outperformed the NIFTY-50 index on 47% days. Which indicates that on days LGBBROSLTD 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 LGBBROSLTD delivered losses on 54% days. However, it still managed to end this period in a profit. It's best return during this period (of +6.85%) was on Wednesday, 31 Oct, 2018. While it's worst loss in the same period (of -3.03%) was on Monday, 26 Nov, 2018. There was initially a bullish trend during this period which started on 29 Oct, 2018 and went on till 6 Nov, 2018. The bullish trend returned +14.19% to investors. This was followed by a bearish trend that started on 12 Nov, 2018 and ended on 19 Nov, 2018. This bearish trend lost -9.99% of investor capital.

On monthly basis, LGBBROSLTD delivered losses in more months over the last year, than profits. LGBBROSLTD delivered profits less regularly than NIFTY-50 index. LGBBROSLTD was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -27.48% compared to -6.42% returned by NIFTY-50 index in Sep 2018. LGBBROSLTD and NIFTY-50 index, both had periods of 2 consecutive losing months. It is interesting to note that both LGBBROSLTD and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

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LGBBROSLTD 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 LGBBROSLTD's volatility from 1 Nov, 2018 to 22 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 LGBBROSLTD 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 LGBBROSLTD. Therefore, NIFTY-50 must receive a lower allocation than LGBBROSLTD in your portfolio. NIFTY-50 index usually has shorter drawdown period than LGBBROSLTD.

Based on your interest in LGBBROSLTD you may find it interesting to know that TIDEWATER and IGARASHI are highly volatile and therefore risky. Investors should consider limiting their exposure to these instruments (because of their volatile nature).

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