PATEL INT. LOG. LTD

45.0 -0.25 (-0.55%) Sell

Don't go shopping for PATINTLOG now, it is underperforming the market

13 min read

PATEL INT. LOG. LTD ranked worse than it's peers on Wednesday. It delivered -0.55% to close at 45.0. It is currently trading -44% below it's 52 week high of 81.75.

[Themes containing PATINTLOG]

PATINTLOG showed a strong bullish trend over the last 3 months. During this period PATINTLOG delivered +21.62% and saw a maximum drawdown of -9.46%. There were 2 long signals during this period that returned a cumulative of +12.34% to investors.

Trend

PATINTLOG has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 8 Jan, 2016 to 28 Sep, 2018. Over the last 3 years and 1 month, PATINTLOG underperformed the NIFTY-50 index on 57% days.

During the last three months PATINTLOG was mostly profitable and delivered on average +0.34% per day. It's best return during this period (of +10.53%) was on Thursday, 27 Dec, 2018. While it's worst loss in the same period (of -5.19%) was on Monday, 10 Dec, 2018. The longest stort-term trend during this period was 6 losing days, which started on 16 Jan, 2019 and ended on 23 Jan, 2019. This bearish trend lost -5.58% of investor capital.

The last 12 months saw PATINTLOG's investors making profits in 5 months and incurring losses in 7 months. During the last year, PATINTLOG delivered profits in more months than NIFTY-50 index. PATINTLOG was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -27.34% compared to -6.42% returned by NIFTY-50 index in Sep 2018. PATINTLOG had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Oct 2018 to Dec 2018) during which period it delivered +26.51%. It is interesting to note that both PATINTLOG and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
-- Robert G. Allen

PATINTLOG 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 PATINTLOG's volatility from 24 Oct, 2018 to 23 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 PATINTLOG has significant negative skewness in it's return distribution. This indicates that PATINTLOG is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in PATINTLOG you may find it interesting to know that BRITANNIA, BAJAJFINSV and TORNTPHARM are large caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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