ORIENT HOTELS LTD delivered lacklustre performance today. It fell by -0.33% to close at 45.05. It's recent 5 day performance has been +2.61%, +0.57%, -2.99%, +1.01% and -0.67%.
ORIENTHOT is currently in a bearish trend. The previous short signal in ORIENTHOT has not been profitable for investors in general. If you are short on ORIENTHOT at current levels please make sure that your allocation is limited and that your portfolio is well diversified.
ORIENTHOT has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 29 Dec, 2016 to 23 Jan, 2018. Over the last 3 years and 1 month, ORIENTHOT outperformed the NIFTY-50 index on 44% days. Which indicates that on days ORIENTHOT outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.
ORIENTHOT was profitable on 53% days in the last three months. During this time, it delivered on average +0.38% per day. It delivered it's best daily return of +10.0%, during this period, on Monday, 22 Oct, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 11 Dec, 2018 and went on till 18 Dec, 2018. This bullish trend returned +11.62% to investors.
During the last year ORIENTHOT had 6 profitable months and 6 loss making months. ORIENTHOT returned profits in more months than NIFTY-50 index. ORIENTHOT significantly outperformed NIFTY-50 index in Apr 2018, when it returned +25.14% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. ORIENTHOT had a longer winning streak of profitable months than NIFTY-50 index. It went up in 4 straight months (from Oct 2018 to Jan 2019) during which period it delivered +28.75%. It is interesting to note that both ORIENTHOT and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
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ORIENTHOT 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 ORIENTHOT's volatility from 22 Oct, 2018 to 18 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 ORIENTHOT has significant negative skewness in it's return distribution. This indicates that ORIENTHOT is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than ORIENTHOT. Therefore, NIFTY-50 must receive a lower allocation than ORIENTHOT in your portfolio. NIFTY-50 index usually has shorter drawdown period than ORIENTHOT.
Based on your interest in ORIENTHOT you may find it interesting to know that IGARASHI is a small cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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