48.3 -2.38 (-4.92%) Sell

Doubt in the minds of NAVKARCORP investors as it delivered massive losses

13 min read

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.

[Themes containing NAVKARCORP]

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.

Based on your interest in NAVKARCORP you may find it interesting to know that NIITTECH and IGARASHI have both shown remarkable performance this year and deserve to be on every investors' watchlist.

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