Joy for PCJEWELLER investors as it performed better than the broader market

PC JEWELLER LTD outperformed the broader market on Wednesday. It increased by +2.29% to close at 78.25. It is currently trading -86% below it's 52 week high of 586.85.

[Themes containing PCJEWELLER]

PCJEWELLER is currently in a bearish trend. Over the last three months Buy-and-Hold has been a better strategy (returning +54.95%) for PCJEWELLER's investors than shorting it.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

PCJEWELLER has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 17 Jan, 2018 to 1 Oct, 2018. Over the last 3 years and 1 month, PCJEWELLER underperformed the NIFTY-50 index on 52% days.

During the last three months PCJEWELLER delivered losses on 59% days. However, it still managed to end this period in a profit. It's best return during this period (of +27.09%) was on Friday, 2 Nov, 2018. While it's worst loss in the same period (of -12.49%) was on Thursday, 15 Nov, 2018. The longest stort-term trend during this period was 7 profitable days, which started on 26 Oct, 2018 and went on till 5 Nov, 2018. This bullish trend returned +72.45% to investors.

During the last year PCJEWELLER had 4 profitable months and 8 loss making months. Profitable number of months of PCJEWELLER and NIFTY-50 index were the same. PCJEWELLER was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Apr 2018, returned -53.95% compared to -6.42% returned by NIFTY-50 index in Sep 2018. PCJEWELLER had a longer winning streak of losing months than NIFTY-50 index. It went down in 4 straight months (from Jun 2018 to Sep 2018) during which period it delivered -83.77%.

Try to save something while your salary is small; It's impossible to save after you begin to earn more.
-- Jack Benny

PCJEWELLER 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 PCJEWELLER's volatility from 26 Oct, 2018 to 14 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 PCJEWELLER has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.

Investors trading in PCJEWELLER derivatives at this moment can consider 'Married Call' options strategy to receive better risk-adjusted returns.

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

Based on your interest in PCJEWELLER you may find it interesting to know that NIITTECH is a small cap that has shown remarkable performance and deserves to be on every investors' watchlist.