MUTHOOT CAP SERV LTD delivered good returns today. It grew by +2.38% to close at 972.95. It's recent 5 day performance has been +1.41%, -0.2%, +2.24%, -0.76% and +0.8%.
MUTHOOTCAP showed a strong up trend over the last 3 months. During this period MUTHOOTCAP grew by +23.42% and saw a maximum drawdown of -7.04%. There was a long signal during this period which returned +15.22%.
MUTHOOTCAP has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, MUTHOOTCAP outperformed the NIFTY-50 index on 50% days. Which indicates that on days MUTHOOTCAP 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 MUTHOOTCAP was mostly profitable and delivered on average +0.37% per day. It's best return during this period (of +7.9%) was on Tuesday, 23 Oct, 2018. While it's worst loss in the same period (of -4.47%) was on Monday, 22 Oct, 2018. There was initially a bearish trend during this period which started on 3 Dec, 2018 and went on till 6 Dec, 2018. The trend delivered -2.65% losses to investors. This was followed by a bullish trend that started on 13 Dec, 2018 and ended on 20 Dec, 2018. This bullish trend delivered +20.58% to investors.
MUTHOOTCAP had 8 profitable and 4 loss making months over the last year. MUTHOOTCAP was profitable in more months than NIFTY-50 index. MUTHOOTCAP was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Aug 2018, returned -19.62% compared to -6.42% returned by NIFTY-50 index in Sep 2018. MUTHOOTCAP had a longer winning streak of profitable months than NIFTY-50 index. It went up in 4 straight months (from Apr 2018 to Jul 2018) during which period it delivered +49.09%. It is interesting to note that both MUTHOOTCAP and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
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MUTHOOTCAP 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 MUTHOOTCAP's volatility from 19 Oct, 2018 to 17 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 MUTHOOTCAP 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 MUTHOOTCAP. Therefore, NIFTY-50 must receive a lower allocation than MUTHOOTCAP in your portfolio. NIFTY-50 index usually has shorter drawdown period than MUTHOOTCAP.
On a general note (since you are interested in MUTHOOTCAP), ~CHEMICALS has performed really well and deserves to be closely tracked for investment opportunities.
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