SUBEX LIMITED

7.7 +0.31 (+4.05%) Buy

SUBEX continues to mint money for it's investors

13 min read

SUBEX LIMITED was among the best performers today. It returned +4.05% to close at 7.7. It's recent 5 day performance has been +4.96%, +4.44%, +3.85%, -2.99% and +4.69%.

[Themes containing SUBEX]

SUBEX is currently in a up trend. Over the last three months 5 bullish signals in SUBEX have generated a profit of +12.08% for investors.

Trend

SUBEX has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, SUBEX underperformed the NIFTY-50 index on 57% days.

During the last three months SUBEX delivered losses on 53% days. However, it still managed to end this period in a profit. It's best return during this period (of +5.0%) was on Friday, 30 Nov, 2018. While it's worst loss in the same period (of -4.76%) was on Monday, 3 Dec, 2018. There was initially a bearish trend during this period which started on 29 Oct, 2018 and went on till 30 Oct, 2018. The trend delivered -4.34% losses to investors. This was followed by a bullish trend that started on 31 Oct, 2018 and ended on 6 Nov, 2018. This bullish trend delivered +7.85% to investors.

SUBEX had 4 profitable and 8 loss making months over the last year. During the last year, number of profitable months of SUBEX and NIFTY-50 index were the same. SUBEX significantly outperformed NIFTY-50 index in Jan 2019, when it returned +28.33% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. SUBEX had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Feb 2018 to Jun 2018) during which period it delivered -55.77%. It is interesting to note that both SUBEX and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

It's not the employer who pays the wages. Employers only handle the money. It's the customer who pays the wages.
-- Henry Ford

SUBEX 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 SUBEX's volatility from 24 Oct, 2018 to 26 Nov, 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 SUBEX has significant negative skewness in it's return distribution. This indicates that SUBEX is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in SUBEX), two instruments that have delivered similar performance as SUBEX are JPASSOCIAT and RAJSREESUG. They are suitable as good alternative investment candidates that can diversify your portfolio.

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