RAJESH EXPORTS LTD

580.15 -13.15 (-2.27%) Buy

RAJESHEXPO investors looking to cut their losses short

13 min read

RAJESH EXPORTS LTD delivered massive losses on Friday. It delivered -2.27% to close at 580.15. On a day when the overall market breadth was 71%, it closed higher than 79% of the market. In comparison, the benchmark NIFTY-50 index closed today at +0.02%.

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Buy-and-Hold investors in RAJESHEXPO experienced a maximum drawdown of -2.4% over the last three months. It surged by +3.52% during this bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals. The net profit from Long signals was +0.49%.

Trend

RAJESHEXPO has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 16 Feb, 2016 to 31 Jul, 2018. Over the last 3 years and 1 month, RAJESHEXPO underperformed the NIFTY-50 index on 49% days. Which indicates that on days RAJESHEXPO underperforms the NIFTY-50 index, it's performance is marginally worse than on the days it outperforms the NIFTY-50 index.

RAJESHEXPO was profitable on 63% days in the last three months. During this time, it delivered on average +0.06% per day. It delivered it's worst daily return of -2.27%, during this period, on Friday, 18 Jan, 2019. The longest stort-term trend during this period was 12 profitable days, which started on 19 Oct, 2018 and went on till 5 Nov, 2018. This bullish trend returned +1.89% to investors.

The last 12 months saw RAJESHEXPO's investors making profits in 6 months and incurring losses in 6 months. During the last year, RAJESHEXPO delivered profits in more months than NIFTY-50 index. RAJESHEXPO significantly outperformed NIFTY-50 index in Aug 2018, when it returned +16.92% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. RAJESHEXPO had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Mar 2018 to Jul 2018) during which period it delivered -36.09%.

"The monarchy is foremost a business, and it's important to them that the British public continue to finance the excessive luxurious lifestyles of the now quite enormous, wasteful and useless 'royal' family. I find it very sad.

RAJESHEXPO is currently seeing overall increase in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant surge in RAJESHEXPO's volatility from 2 Nov, 2018 to 18 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 RAJESHEXPO 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.

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

Based on your interest in RAJESHEXPO you may find it interesting to know that IGARASHI, NIITTECH and RESPONIND are small caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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