10.15 -0.1 (-0.98%) Sell

PENINLAND continues its fall as more investors loose confidence

13 min read

PENINLAND underperformed broader market today. On a longer term basis, investors in PENINSULA LAND LIMITED made -0.06% per day. Wednesday's performance of -0.98% was a significant underperformance compared to it's daily average.

[Themes containing PENINLAND]

PENINLAND showed a down trend over the last 3 months. During this period PENINLAND lost -6.88% and saw a maximum drawdown of -18.95%. There was a short signal during this period which returned +6.88%.


PENINLAND has been underperforming the NIFTY-50 index in recent time, after having outperformed till 8 Jan, 2018. Over the last 3 years and 1 month, PENINLAND underperformed the NIFTY-50 index on 55% days.

PENINLAND returned losses on 61% days in the last three months. During this time, it delivered on average -0.07% per day. It delivered it's best daily return of +8.13%, during this period, on Wednesday, 19 Dec, 2018. There was initially a bullish trend during this period which started on 26 Oct, 2018 and went on till 2 Nov, 2018. The bullish trend returned +11.41% to investors. This was followed by a bearish trend that started on 4 Dec, 2018 and ended on 11 Dec, 2018. This bearish trend lost -8.49% of investor capital.

PENINLAND had 3 profitable and 9 loss making months over the last year. During the last year, PENINLAND underperformed NIFTY-50 index on monthly return basis. PENINLAND was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Mar 2018, returned -27.24% compared to -6.42% returned by NIFTY-50 index in Sep 2018. PENINLAND had a longer winning streak of losing months than NIFTY-50 index. It went down in 4 straight months (from Aug 2018 to Nov 2018) during which period it delivered -36.85%. It is interesting to note that both PENINLAND and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Of course, it is a little bit disingenuous to hint that hard work is the only thing you need to achieve success.

PENINLAND is becoming less volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant fall in PENINLAND's volatility from 20 Nov, 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 PENINLAND has significant negative skewness in it's return distribution. This indicates that PENINLAND is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in PENINLAND), two instruments that deserve special mention are SPLIL and RESPONIND. They have significantly outperformed the overall market this year.

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