MUKTA ARTS LIMITED

37.7 -0.74 (-1.95%) Sell

MUKTAARTS is a falling knife, continues to bleed every investor trying to catch it

13 min read

MUKTAARTS ranked among the worst performers today. On a longer term basis, investors in MUKTA ARTS LIMITED made +0.11% per day. Wednesday's performance of -1.95% was a underperformance compared to it's daily average.

[Themes containing MUKTAARTS]

Buy-and-Hold investors in MUKTAARTS experienced a maximum drawdown of -21.51% over the last three months. It increased by +1.62% during this bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals.

Trend

MUKTAARTS has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 18 Oct, 2016 to 28 Sep, 2018. Over the last 3 years and 1 month, MUKTAARTS underperformed the NIFTY-50 index on 57% days.

During the last three months MUKTAARTS delivered losses on 59% days. However, it still managed to end this period in a profit. It's best return during this period (of +17.32%) was on Monday, 24 Dec, 2018. While it's worst loss in the same period (of -7.17%) was on Wednesday, 26 Dec, 2018. The longest stort-term trend during this period was 7 losing days, which started on 26 Dec, 2018 and ended on 3 Jan, 2019. This bearish trend lost -15.63% of investor capital.

During the last year MUKTAARTS had 3 profitable months and 9 loss making months. MUKTAARTS returned profits in fewer months than NIFTY-50 index. MUKTAARTS was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -35.4% compared to -6.42% returned by NIFTY-50 index in Sep 2018. MUKTAARTS had a longer winning streak of losing months than NIFTY-50 index. It went down in 6 straight months (from Feb 2018 to Jul 2018) during which period it delivered -65.02%. It is interesting to note that both MUKTAARTS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Well, I think that there's a very thin dividing line between success and failure. And I think if you start a business without financial backing, you're likely to go the wrong side of that dividing line.

MUKTAARTS is currently seeing overall fall in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant surge in MUKTAARTS's volatility from 25 Oct, 2018 to 5 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 MUKTAARTS has significant negative skewness in it's return distribution. This indicates that MUKTAARTS is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in MUKTAARTS you may find it interesting to know that VINATIORGA and IGARASHI are both small caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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