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.
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%.
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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.
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