INDO-NATIONAL LIMITED

698.75 -4.42 (-0.63%) Sell

Search for alternative investments is on for NIPPOBATRY investors as it ranked worse than it's peers

13 min read

INDO-NATIONAL LIMITED trailed the broader market on Tuesday. It fell by -0.63% to close at 698.75. It is currently trading -27% below it's 52 week high of 958.6.

[Themes containing NIPPOBATRY]

NIPPOBATRY is currently in a bearish trend. Over the last three months Buy-and-Hold has been a better strategy (returning +5.66%) for NIPPOBATRY's investors than shorting it.

Trend

NIPPOBATRY has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 28 Jan, 2016 to 1 Oct, 2018. Over the last 3 years and 1 month, NIPPOBATRY underperformed the NIFTY-50 index on 54% days.

During the last three months NIPPOBATRY delivered losses on 58% days. However, it still managed to end this period in a profit. It's best return during this period (of +10.05%) was on Tuesday, 13 Nov, 2018. While it's worst loss in the same period (of -3.28%) was on Wednesday, 21 Nov, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 6 Nov, 2018 and went on till 13 Nov, 2018. This bullish trend returned +16.43% to investors.

During the last year NIPPOBATRY had 4 profitable months and 8 loss making months. NIPPOBATRY returned profits in fewer months than NIFTY-50 index. NIPPOBATRY was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -14.02% compared to -6.42% returned by NIFTY-50 index in Sep 2018. NIPPOBATRY 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 -16.31%.

Risk comes from not knowing what you're doing.
-- Warren Buffett

NIPPOBATRY 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 fall in NIPPOBATRY's volatility from 13 Nov, 2018 to 21 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 NIPPOBATRY has significant negative skewness in it's return distribution. This indicates that NIPPOBATRY is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in NIPPOBATRY), RESPONIND has performed really well this year and deserves to be closely tracked for investment opportunities.

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