6.3 -0.24 (-3.82%) Sell

MADHUCON investors disappointed by market underperformance

13 min read

MADHUCON PROJECTS LTD. delivered massive losses today. It returned -3.82% to close at 6.3. It's recent 5 day performance has been -2.24%, 0.0%, -1.47%, +7.09% and -2.31%.

[Themes containing MADHUCON]

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


MADHUCON has been underperforming the NIFTY-50 index in recent time, after having outperformed till 6 Jan, 2016. Over the last 3 years and 1 month, MADHUCON underperformed the NIFTY-50 index on 58% days.

During the last three months MADHUCON was mostly loss making and delivered on average -0.07% per day. It's best return during this period (of +8.53%) was on Thursday, 13 Dec, 2018. While it's worst loss in the same period (of -4.64%) was on Wednesday, 14 Nov, 2018. There was initially a bullish trend during this period which started on 26 Oct, 2018 and went on till 5 Nov, 2018. The bullish trend returned +28.77% to investors. This was followed by a bearish trend that started on 6 Nov, 2018 and ended on 16 Nov, 2018. This bearish trend lost -19.46% of investor capital.

On monthly basis, MADHUCON delivered a really poor performance this year with losses in every month. MADHUCON delivered profits less regularly than NIFTY-50 index. MADHUCON was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Mar 2018, returned -31.22% compared to -6.42% returned by NIFTY-50 index in Sep 2018. MADHUCON had a longer winning streak of losing months than NIFTY-50 index. It went down in 8 straight months (from Feb 2018 to Sep 2018) during which period it delivered -137.98%. It is interesting to note that both MADHUCON and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"There is no one-decision stocks

MADHUCON is becoming more volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant surge in MADHUCON's volatility from 23 Oct, 2018 to 26 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 MADHUCON has significant negative skewness in it's return distribution. This indicates that MADHUCON is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in MADHUCON 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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