Waiting to invest in OBEROIRLTY? Look for alternatives because it ranked worse than it's peers

OBEROIRLTY ranked among the worst performers today. On a longer term basis, investors in OBEROI REALTY LIMITED made +0.09% per day. Friday's performance of -2.26% was a underperformance compared to it's daily average.

[Themes containing OBEROIRLTY]

OBEROIRLTY showed a strong bullish trend over the last 3 months. During this period OBEROIRLTY delivered +20.52% and saw a maximum drawdown of -10.04%. There was a long signal during this period which returned +4.01%.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

OBEROIRLTY has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 12 Apr, 2016 to 23 Apr, 2018. Over the last 3 years and 1 month, OBEROIRLTY outperformed the NIFTY-50 index on 47% days. Which indicates that on days OBEROIRLTY 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 OBEROIRLTY was mostly profitable and delivered on average +0.33% per day. It's best return during this period (of +9.62%) was on Wednesday, 24 Oct, 2018. While it's worst loss in the same period (of -4.89%) was on Friday, 21 Dec, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +7.69%) started on 12 Dec, 2018 and went on till 18 Dec, 2018 while the bearish trend (which returned -7.75%) started on 19 Dec, 2018 and went on till 26 Dec, 2018.

The last 12 months saw OBEROIRLTY's investors making profits in 5 months and incurring losses in 7 months. During the last year, OBEROIRLTY and NIFTY-50 index had the same number of profitable months. OBEROIRLTY was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Aug 2018, returned -11.14% compared to -6.42% returned by NIFTY-50 index in Sep 2018. OBEROIRLTY and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both OBEROIRLTY and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of Safety.

OBEROIRLTY 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 OBEROIRLTY's volatility from 24 Oct, 2018 to 7 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 OBEROIRLTY has significant negative skewness in it's return distribution. This indicates that OBEROIRLTY is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in OBEROIRLTY you may find it interesting to know that TORNTPHARM and BAJFINANCE are both large caps that have shown remarkable performance and deserve to be on every investors' watchlist.