102.15 -2.15 (-2.11%) Sell

Don't even consider investing in SANGHVIMOV now, it is an investor's nightmare

13 min read

SANGHVI MOVERS LTD was among the worst performers on Tuesday. It delivered -2.11% to close at 102.15 which is it's 52 week low, down -53% from it's 52 week high.

[Themes containing SANGHVIMOV]

SANGHVIMOV showed a strong bearish trend over the last 3 months. During this period SANGHVIMOV delivered -15.23% and saw a maximum drawdown of -16.92%. There were 2 short signals during this period that returned a cumulative of +11.36% to investors.


SANGHVIMOV has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 11 Jan, 2016 to 7 Sep, 2018. Over the last 3 years and 1 month, SANGHVIMOV underperformed the NIFTY-50 index on 54% days.

During the last three months SANGHVIMOV was mostly loss making and delivered on average -0.24% per day. It's best return during this period (of +5.28%) was on Friday, 28 Dec, 2018. While it's worst loss in the same period (of -8.09%) was on Thursday, 27 Dec, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 12 Nov, 2018 and went on till 19 Nov, 2018. This bullish trend returned +4.96% to investors.

The last 12 months saw SANGHVIMOV's investors making profits in 6 months and incurring losses in 6 months. During the last year, SANGHVIMOV delivered profits in more months than NIFTY-50 index. SANGHVIMOV was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -22.89% compared to -6.42% returned by NIFTY-50 index in Sep 2018. SANGHVIMOV had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Feb 2018 to Apr 2018) during which period it delivered +27.19%. It is interesting to note that both SANGHVIMOV and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"Finance is not merely about making money. It's about achieving our deep goals and protecting the fruits of our labor. It's about stewardship and, therefore, about achieving the good society.

SANGHVIMOV 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 fall in SANGHVIMOV's volatility from 23 Oct, 2018 to 26 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 SANGHVIMOV has significant negative skewness in it's return distribution. This indicates that SANGHVIMOV is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in SANGHVIMOV), three small cap instruments that deserve special mention are VINATIORGA, RESPONIND and NIITTECH. They have all outperformed the market and must be closely watched for investment opportunities.

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