NAVKAR CORPORATION LTD. is a falling knife that can bleed you if you catch it on Friday. It fell by -4.92% to close at 48.3. It is currently trading -76% below it's 52 week high of 208.8.
Buy-and-Hold investors in NAVKARCORP experienced a maximum drawdown of -48.28% over the last three months. It fell by -40.66% during this strong bearish trending period. There were no long signals during this period, where the short signal generated good profits of +40.66% for investors.
NAVKARCORP has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 5 Jan, 2016 to 18 Dec, 2018. Over the last 3 years and 1 month, NAVKARCORP underperformed the NIFTY-50 index on 55% days.
During the last three months NAVKARCORP was mostly loss making and delivered on average -0.72% per day. It's best return during this period (of +19.95%) was on Wednesday, 19 Dec, 2018. While it's worst loss in the same period (of -13.2%) was on Friday, 7 Dec, 2018. The longest stort-term trend during this period was 7 losing days, which started on 2 Jan, 2019 and ended on 10 Jan, 2019. This bearish trend lost -12.4% of investor capital.
During the last year NAVKARCORP had 2 profitable months and 10 loss making months. NAVKARCORP returned profits in fewer months than NIFTY-50 index. NAVKARCORP was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -26.61% compared to -6.42% returned by NIFTY-50 index in Sep 2018. NAVKARCORP had a longer winning streak of losing months than NIFTY-50 index. It went down in 6 straight months (from Aug 2018 to Jan 2019) during which period it delivered -87.16%. It is interesting to note that both NAVKARCORP and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
Try to save something while your salary is small; It's impossible to save after you begin to earn more.
-- Jack Benny
NAVKARCORP is currently seeing overall increase in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant surge in NAVKARCORP's volatility from 19 Oct, 2018 to 7 Dec, 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 NAVKARCORP has significant negative skewness in it's return distribution. This indicates that NAVKARCORP is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than NAVKARCORP. Therefore, NIFTY-50 must receive a lower allocation than NAVKARCORP in your portfolio. NIFTY-50 index usually has shorter drawdown period than NAVKARCORP.
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