SURYA ROSHNI LTD was among the worst performers on Tuesday. It returned -2.08% to close at 235.85. It is currently trading -52% below it's 52 week high of 495.25.
Buy-and-Hold investors in SURYAROSNI experienced a maximum drawdown of -20.25% over the last three months. It returned +11.09% during this strong up trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals.
SURYAROSNI has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, SURYAROSNI outperformed the NIFTY-50 index on 46% days. Which indicates that on days SURYAROSNI 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 SURYAROSNI delivered losses on 54% days. However, it still managed to end this period in a profit. It's best return during this period (of +11.01%) was on Monday, 17 Dec, 2018. While it's worst loss in the same period (of -4.5%) was on Friday, 16 Nov, 2018. There was initially a bullish trend during this period which started on 6 Nov, 2018 and went on till 13 Nov, 2018. The bullish trend returned +7.57% to investors. This was followed by a bearish trend that started on 4 Dec, 2018 and ended on 10 Dec, 2018. This bearish trend lost -13.65% of investor capital.
On monthly basis, SURYAROSNI delivered profits and losses in equal number of months. SURYAROSNI delivered profits in more months than NIFTY-50 index. SURYAROSNI was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -25.44% compared to -6.42% returned by NIFTY-50 index in Sep 2018. SURYAROSNI had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Nov 2018 to Jan 2019) during which period it delivered +12.7%. It is interesting to note that both SURYAROSNI and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
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SURYAROSNI is becoming less volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant surge in SURYAROSNI's volatility from 5 Dec, 2018 to 17 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 SURYAROSNI has significant negative skewness in it's return distribution. This indicates that SURYAROSNI is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than SURYAROSNI. Therefore, NIFTY-50 must receive a lower allocation than SURYAROSNI in your portfolio. NIFTY-50 index usually has shorter drawdown period than SURYAROSNI.
Based on your interest in SURYAROSNI you may find it interesting to know that NIITTECH is a small cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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