3291.7 -25.35 (-0.77%) Buy

MAHSCOOTER investors check their stop-losses as it underperforms

14 min read

MAHARASHTRA SCOOTERS LTD delivered lacklustre performance today. It returned -0.77% to close at 3291.7. It's recent 5 day performance has been -1.62%, -2.83%, -2.14%, +2.29% and -2.81%.

[Themes containing MAHSCOOTER]

MAHSCOOTER is currently in a up trend. The current bullish signal has generated a profit of +33.21% for MAHSCOOTER's investors in the last three months.


MAHSCOOTER has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, MAHSCOOTER outperformed the NIFTY-50 index on 49% days. Which indicates that on days MAHSCOOTER outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

MAHSCOOTER was profitable on 55% days in the last three months. During this time, it delivered on average +0.67% per day. It delivered it's best daily return of +7.72%, during this period, on Thursday, 10 Jan, 2019. There was initially a bullish trend during this period which started on 19 Dec, 2018 and went on till 24 Dec, 2018. The bullish trend returned +2.24% to investors. This was followed by a bearish trend that started on 17 Jan, 2019 and ended on 22 Jan, 2019. This bearish trend lost -7.36% of investor capital.

On monthly basis, MAHSCOOTER delivered profits in more months over the last year, than losses. MAHSCOOTER delivered profits in more months than NIFTY-50 index. MAHSCOOTER was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -22.93% compared to -6.42% returned by NIFTY-50 index in Sep 2018. MAHSCOOTER had a longer winning streak of profitable months than NIFTY-50 index. It went up in 5 straight months (from Apr 2018 to Aug 2018) during which period it delivered +35.8%.

"Inflation is taxation without legislation.

MAHSCOOTER 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 fall in MAHSCOOTER's volatility from 24 Oct, 2018 to 7 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 MAHSCOOTER 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 MAHSCOOTER. Therefore, NIFTY-50 must receive a lower allocation than MAHSCOOTER in your portfolio. NIFTY-50 index usually has shorter drawdown period than MAHSCOOTER.

Based on your interest in MAHSCOOTER you may find it interesting to know that IFBIND has delivered similar performance as MAHSCOOTER and can be considered as an alternative investment candidate (to MAHSCOOTER).

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