R.P.P INFRA PROJECTS LTD significantly underperformed on Friday. It lost -3.84% to close at 131.3. It is currently trading -57% below it's 52 week high of 309.45.
RPPINFRA showed a down trend over the last 3 months. During this period RPPINFRA lost -3.77% and saw a maximum drawdown of -21.07%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in RPPINFRA till volatility reduces and a clear trend emerges.
During the last three months RPPINFRA delivered losses on 57% days. However, it still managed to end this period in a profit. It's best return during this period (of +17.32%) was on Thursday, 13 Dec, 2018. While it's worst loss in the same period (of -8.55%) was on Friday, 26 Oct, 2018. There was initially a bearish trend during this period which started on 5 Dec, 2018 and went on till 12 Dec, 2018. The trend delivered -15.52% losses to investors. This was followed by a bullish trend that started on 11 Jan, 2019 and ended on 17 Jan, 2019. This bullish trend delivered +10.59% to investors.
RPPINFRA had 4 profitable and 8 loss making months over the last year. During the last year, RPPINFRA underperformed NIFTY-50 index on monthly return basis. RPPINFRA was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -33.73% compared to -6.42% returned by NIFTY-50 index in Sep 2018. RPPINFRA had a longer winning streak of losing months than NIFTY-50 index. It went down in 4 straight months (from Mar 2018 to Jun 2018) during which period it delivered -36.18%. It is interesting to note that both RPPINFRA and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
Wealth after all is a relative thing since he that has little and wants less is richer than he that has much and wants more.
-- Charles Caleb Colton
RPPINFRA 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 RPPINFRA's volatility from 22 Oct, 2018 to 5 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 RPPINFRA has significant negative skewness in it's return distribution. This indicates that RPPINFRA is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than RPPINFRA. Therefore, NIFTY-50 must receive a lower allocation than RPPINFRA in your portfolio. NIFTY-50 index usually has shorter drawdown period than RPPINFRA.
... 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