2.45 -0.1 (-3.92%) Sell

SYNCOM investors dump it

13 min read

SYNCOM HEALTHCARE LTD delivered massive losses today. It fell by -3.92% to close at 2.45. During the last week it fell by -14.04% and saw a maximum drawdown of -14.04%.

[Themes containing SYNCOM]

Buy-and-Hold investors in SYNCOM experienced a maximum drawdown of -30.99% over the last three months. It fell by -27.94% during this strong bearish trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +10.4%.


SYNCOM has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 12 Jan, 2016 to 1 Oct, 2018. Over the last 3 years and 1 month, SYNCOM underperformed the NIFTY-50 index on 57% days.

SYNCOM returned losses on 70% days in the last three months. During this time, it delivered on average -0.47% per day. It delivered it's best daily return of +8.06%, during this period, on Friday, 7 Dec, 2018. The longest stort-term trend during this period was 5 losing days, which started on 17 Jan, 2019 and ended on 23 Jan, 2019. This bearish trend lost -19.84% of investor capital.

During the last year SYNCOM had 4 profitable months and 8 loss making months. Profitable number of months of SYNCOM and NIFTY-50 index were the same. SYNCOM significantly outperformed NIFTY-50 index in Oct 2018, when it returned +40.0% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. SYNCOM had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from May 2018 to Jul 2018) during which period it delivered -24.67%. It is interesting to note that both SYNCOM and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.

SYNCOM is currently seeing overall fall in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant surge in SYNCOM's volatility from 24 Oct, 2018 to 25 Oct, 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 SYNCOM 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.

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

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

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