RANE HOLDINGS LIMITED delivered massive losses today. It lost -1.39% to close at 1078.4. It's recent 5 day performance has been +0.58%, -4.39%, -2.68%, +0.58% and -0.18%.
RANEHOLDIN is currently in a down trend. Over the last three months 2 bearish signals have generated a profit of +0.48% for investors.
RANEHOLDIN has been underperforming the NIFTY-50 index in recent time, after having outperformed till 9 Mar, 2018. Over the last 3 years and 1 month, RANEHOLDIN outperformed the NIFTY-50 index on 47% days. Which indicates that on days RANEHOLDIN outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.
RANEHOLDIN returned losses on 64% days in the last three months. During this time, it delivered on average -0.39% per day. It delivered it's best daily return of +8.03%, during this period, on Wednesday, 19 Dec, 2018. There was initially a bullish trend during this period which started on 20 Nov, 2018 and went on till 22 Nov, 2018. The bullish trend returned +2.99% to investors. This was followed by a bearish trend that started on 2 Jan, 2019 and ended on 16 Jan, 2019. This bearish trend lost -16.85% of investor capital.
RANEHOLDIN had 3 profitable and 9 loss making months over the last year. During the last year, RANEHOLDIN underperformed NIFTY-50 index on monthly return basis. RANEHOLDIN was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -21.39% compared to -6.42% returned by NIFTY-50 index in Sep 2018. RANEHOLDIN 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 -44.3%. It is interesting to note that both RANEHOLDIN and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
The stock market is filled with individuals who know the price of everything, but the value of nothing.
-- Philip Arthur Fisher
RANEHOLDIN 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 RANEHOLDIN's volatility from 16 Nov, 2018 to 19 Dec, 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 RANEHOLDIN 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 RANEHOLDIN. Therefore, NIFTY-50 must receive a lower allocation than RANEHOLDIN in your portfolio. NIFTY-50 index usually has shorter drawdown period than RANEHOLDIN.
... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.
All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.
We want to empower investors with all the tools and analysis required by them to make a rational investment decision.If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute