26.55 0.0 (0.0%) Buy

PIONEEREMB investors elated by performance

13 min read

PIONEER EMBROIDERIES LTD managed to marginally outperform the broader market today. It returned 0.0% to close at 26.55. It's recent 5 day performance has been -2.21%, -5.24%, +2.87%, +4.11% and +0.75%.

[Themes containing PIONEEREMB]

PIONEEREMB is currently in a up trend. The previous long signal in PIONEEREMB has not been profitable for investors in general. If you are invested in PIONEEREMB at current levels please make sure that your allocation is limited and that your portfolio is well diversified.


PIONEEREMB has been underperforming the NIFTY-50 index in recent time, after having outperformed till 11 Jan, 2016. Over the last 3 years and 1 month, PIONEEREMB underperformed the NIFTY-50 index on 57% days.

PIONEEREMB returned losses on 53% 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 +11.03%, during this period, on Thursday, 29 Nov, 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 +8.23% to investors. This was followed by a bearish trend that started on 30 Nov, 2018 and ended on 6 Dec, 2018. This bearish trend lost -14.25% of investor capital.

On monthly basis, PIONEEREMB delivered losses in more months over the last year, than profits. PIONEEREMB delivered profits in more months than NIFTY-50 index. PIONEEREMB significantly outperformed NIFTY-50 index in Aug 2018, when it returned +34.76% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. PIONEEREMB and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both PIONEEREMB and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"I finally know what distinguishes man from the other beasts: financial worries.

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

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

On a general note (since you are interested in PIONEEREMB), three instruments that are extremely volatile are ~HOMEAPPLIANCES, SRIPIPES and IGARASHI. They must all be evaluated prudently and investors are better off avoiding them at the moment.

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