3081.4 +6.41 (+0.21%) Sell

Waiting to invest in SUNCLAYLTD? Consider it, because it showed marginal outperformance

13 min read

SUNDARAM CLAYTON LIMITED showed marginal outperformance on Wednesday. It increased by +0.21% to close at 3081.4. It is currently trading -39% below it's 52 week high of 5064.95.

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SUNCLAYLTD showed a strong bearish trend over the last 3 months. During this period SUNCLAYLTD delivered -15.59% and saw a maximum drawdown of -16.8%. There were 4 short signals during this period that returned a cumulative of +7.33% to investors.


SUNCLAYLTD has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 27 May, 2016 to 30 Oct, 2017. Over the last 3 years and 1 month, SUNCLAYLTD outperformed the NIFTY-50 index on 49% days. Which indicates that on days SUNCLAYLTD outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

During the last three months SUNCLAYLTD was mostly loss making and delivered on average -0.26% per day. It's best return during this period (of +3.52%) was on Friday, 28 Dec, 2018. While it's worst loss in the same period (of -3.89%) was on Tuesday, 22 Jan, 2019. The longest stort-term trend during this period was 7 losing days, which started on 1 Jan, 2019 and ended on 9 Jan, 2019. This bearish trend lost -7.08% of investor capital.

The last 12 months saw SUNCLAYLTD's investors making profits in 3 months and incurring losses in 9 months. SUNCLAYLTD was less consistent in delivering monthly returs than NIFTY-50 index. SUNCLAYLTD was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jan 2019, returned -15.19% compared to -6.42% returned by NIFTY-50 index in Sep 2018. SUNCLAYLTD had a longer winning streak of losing months than NIFTY-50 index. It went down in 7 straight months (from May 2018 to Nov 2018) during which period it delivered -37.43%.

Making money from enforcing patents is no more wrong than investing in preferred stock.
-- Nathan Myhrvold

SUNCLAYLTD 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 SUNCLAYLTD's volatility from 24 Oct, 2018 to 27 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 SUNCLAYLTD has significant negative skewness in it's return distribution. This indicates that SUNCLAYLTD is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in SUNCLAYLTD you may find it interesting to know that MERCK and VINATIORGA have both shown remarkable performance this year and deserve to be on every investors' watchlist.

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