MANGCHEFER investors update their stop-losses higher

MANG.CHEM.FERT.LTD performed better than the broader market today. It returned +0.48% to close at 41.5. It's recent 5 day performance has been -2.02%, -2.99%, 0.0%, -1.59% and -1.23%.

[Themes containing MANGCHEFER]

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

Trend

Monthly Performance

Alpha (outperformance)

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Volatility

Return distribution

MANGCHEFER has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, MANGCHEFER underperformed the NIFTY-50 index on 54% days.

During the last three months MANGCHEFER was mostly profitable and delivered on average +0.16% per day. It's best return during this period (of +8.87%) was on Monday, 29 Oct, 2018. While it's worst loss in the same period (of -3.04%) was on Tuesday, 27 Nov, 2018. There was initially a bearish trend during this period which started on 5 Dec, 2018 and went on till 10 Dec, 2018. The trend delivered -5.36% losses to investors. This was followed by a bullish trend that started on 26 Dec, 2018 and ended on 1 Jan, 2019. This bullish trend delivered +5.8% to investors.

MANGCHEFER had 5 profitable and 7 loss making months over the last year. MANGCHEFER was profitable in more months than NIFTY-50 index. MANGCHEFER was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -24.72% compared to -6.42% returned by NIFTY-50 index in Sep 2018. MANGCHEFER had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Sep 2018 to Nov 2018) during which period it delivered -39.68%. It is interesting to note that both MANGCHEFER and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you're generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don't make.

MANGCHEFER 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 MANGCHEFER's volatility from 29 Oct, 2018 to 21 Nov, 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 MANGCHEFER has significant negative skewness in it's return distribution. This indicates that MANGCHEFER is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in MANGCHEFER), ~MUTHOOTGRP has performed really well and deserves to be closely tracked for investment opportunities.