10.4 0.0 (0.0%) Buy

Profit booking on the minds of STINDIA investors as it shows marginal outperformance

13 min read

STI INDIA LTD performed better than the broader market today. It returned 0.0% to close at 10.4. It's recent 5 day performance has been -3.7%, -2.7%, -3.9%, +5.0% and +0.46%.

[Themes containing STINDIA]

STINDIA is currently in a up trend. The previous long signal in STINDIA has not been profitable for investors in general. If you are invested in STINDIA at current levels please make sure that your allocation is limited and that your portfolio is well diversified.


STINDIA has been underperforming the NIFTY-50 index in recent time, after having outperformed till 28 Dec, 2017. Over the last 1 year and 7 months, STINDIA underperformed the NIFTY-50 index on 50% days. Which indicates that on days STINDIA underperforms the NIFTY-50 index, it's performance is marginally worse than on the days it outperforms the NIFTY-50 index.

During the last three months STINDIA delivered losses on 62% days. However, it still managed to end this period in a profit. It's best return during this period (of +10.0%) was on Wednesday, 31 Oct, 2018. While it's worst loss in the same period (of -7.34%) was on Friday, 26 Oct, 2018. There was initially a bullish trend during this period which started on 29 Oct, 2018 and went on till 2 Nov, 2018. The bullish trend returned +32.79% to investors. This was followed by a bearish trend that started on 31 Dec, 2018 and ended on 4 Jan, 2019. This bearish trend lost -19.03% of investor capital.

On monthly basis, STINDIA delivered losses in more months over the last year, than profits. STINDIA delivered profits less regularly than NIFTY-50 index. STINDIA was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Mar 2018, returned -29.24% compared to -6.42% returned by NIFTY-50 index in Sep 2018. STINDIA had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from May 2018 to Sep 2018) during which period it delivered -43.46%. It is interesting to note that both STINDIA and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

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STINDIA is becoming more 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 STINDIA's volatility from 23 Oct, 2018 to 21 Dec, 2018. While there was a significant fall in the NIFTY-50 index's volatility from 31 Oct, 2018 to 3 Dec, 2018.

Advanced/professional short-term investors should note that STINDIA 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.

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

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

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