NEULAND LAB LTD.

493.3 -28.5 (-5.78%) Sell

Are you evaluating investing in NEULANDLAB? Avoid as it was among the worst performers

13 min read

NEULANDLAB was among the worst performers today. On a longer term basis, investors in NEULAND LAB LTD. made +0.08% per day. Wednesday's performance of -5.78% was a significant underperformance compared to it's daily average.

[Themes containing NEULANDLAB]

NEULANDLAB showed a strong down trend over the last 3 months. During this period NEULANDLAB lost -12.27% and saw a maximum drawdown of -23.97%. There were 2 short signals during this period that returned a cumulative of +15.89% to investors.

Trend

NEULANDLAB has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, NEULANDLAB underperformed the NIFTY-50 index on 53% days.

NEULANDLAB returned losses on 54% days in the last three months. During this time, it delivered on average -0.18% per day. It delivered it's worst daily return of -6.62%, during this period, on Friday, 30 Nov, 2018. There was initially a bearish trend during this period which started on 30 Nov, 2018 and went on till 10 Dec, 2018. The trend delivered -16.57% losses to investors. This was followed by a bullish trend that started on 7 Jan, 2019 and ended on 11 Jan, 2019. This bullish trend delivered +6.88% to investors.

NEULANDLAB had 3 profitable and 9 loss making months over the last year. During the last year, NEULANDLAB underperformed NIFTY-50 index on monthly return basis. NEULANDLAB was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Nov 2018, returned -15.86% compared to -6.42% returned by NIFTY-50 index in Sep 2018. NEULANDLAB had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Feb 2018 to Jun 2018) during which period it delivered -30.72%. It is interesting to note that both NEULANDLAB and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"A bull market is very much like being in love. You don't realise its value till It's gone.

NEULANDLAB is becoming more volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant surge in NEULANDLAB's volatility from 21 Nov, 2018 to 30 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 NEULANDLAB has significant negative skewness in it's return distribution. This indicates that NEULANDLAB is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in NEULANDLAB), IGARASHI is a small cap that deserves to be closely tracked for investment opportunities.

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