QUANTUM GOLD FUND

1428.95 +9.92 (+0.69%) Buy

QGOLDHALF investors looking to add more to current positions

13 min read

QUANTUM GOLD FUND performed better than the broader market today. It returned +0.69% to close at 1428.95. It's recent 5 day performance has been -0.44%, -0.53%, +0.3%, +0.26% and +0.41%.

[Themes containing QGOLDHALF]

QGOLDHALF is currently in a up trend. Over the last three months 2 bullish signals in QGOLDHALF have generated a profit of +2.15% for investors.

Trend

QGOLDHALF has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, QGOLDHALF underperformed the NIFTY-50 index on 51% days.

During the last three months QGOLDHALF delivered losses on 56% days. However, it still managed to end this period in a profit. It's best return during this period (of +1.9%) was on Monday, 10 Dec, 2018. While it's worst loss in the same period (of -1.2%) was on Friday, 9 Nov, 2018. There was initially a bearish trend during this period which started on 6 Nov, 2018 and went on till 16 Nov, 2018. The trend delivered -3.09% losses to investors. This was followed by a bullish trend that started on 21 Dec, 2018 and ended on 28 Dec, 2018. This bullish trend delivered +2.01% to investors.

On monthly basis, QGOLDHALF delivered profits in more months over the last year, than losses. QGOLDHALF delivered profits in more months than NIFTY-50 index. QGOLDHALF was also a less risky investment than NIFTY-50 index as it's worst month in the last year, Nov 2018, returned -4.37% compared to -6.42% returned by NIFTY-50 index in Sep 2018. QGOLDHALF had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Aug 2018 to Oct 2018) during which period it delivered +6.12%. It is interesting to note that both QGOLDHALF and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Glamour is what I sell, it's my stock in trade.
-- Marlene Dietrich

QGOLDHALF 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 surge in QGOLDHALF's volatility from 23 Oct, 2018 to 29 Oct, 2018. 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 QGOLDHALF has significant negative skewness in it's return distribution. This indicates that QGOLDHALF is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in QGOLDHALF you may find it interesting to know that GOLDBEES and HDFCMFGETF have both performed similar to QGOLDHALF and can be considered by investors as alternative investment options.

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