TAINWALCHM investors doing a reality check

TAINWALA CHEMICAL AND PLA ranked worse than it's peers on Wednesday. It lost -0.65% to close at 69.0. It is currently trading -48% below it's 52 week high of 134.75.

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Buy-and-Hold investors in TAINWALCHM experienced a maximum drawdown of -24.45% over the last three months. It lost -11.08% during this strong down trending period. There were no long signals during this period, where the short signal generated good profits of +11.08% for investors.

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TAINWALCHM has been underperforming the NIFTY-50 index in recent time, after having outperformed till 20 Sep, 2017. Over the last 3 years and 1 month, TAINWALCHM outperformed the NIFTY-50 index on 46% days. Which indicates that on days TAINWALCHM 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 TAINWALCHM was mostly loss making and delivered on average -0.15% per day. It's best return during this period (of +7.92%) was on Wednesday, 5 Dec, 2018. While it's worst loss in the same period (of -11.88%) was on Friday, 30 Nov, 2018. There was initially a bullish trend during this period which started on 31 Oct, 2018 and went on till 5 Nov, 2018. The bullish trend returned +10.27% to investors. This was followed by a bearish trend that started on 27 Nov, 2018 and ended on 30 Nov, 2018. This bearish trend lost -15.29% of investor capital.

TAINWALCHM had 4 profitable and 8 loss making months over the last year. During the last year, number of profitable months of TAINWALCHM and NIFTY-50 index were the same. TAINWALCHM was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -31.92% compared to -6.42% returned by NIFTY-50 index in Sep 2018. TAINWALCHM had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Sep 2018 to Nov 2018) during which period it delivered -22.46%. It is interesting to note that both TAINWALCHM and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

"I finally know what distinguishes man from the other beasts: financial worries.

TAINWALCHM 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 fall in TAINWALCHM's volatility from 25 Oct, 2018 to 10 Jan, 2019. While there was a significant fall in the NIFTY-50 index's volatility from 31 Oct, 2018 to 20 Dec, 2018.

Advanced/professional short-term investors should note that TAINWALCHM has significant negative skewness in it's return distribution. This indicates that TAINWALCHM is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in TAINWALCHM), ~MUTHOOTGRP has performed really well and deserves to be closely tracked for investment opportunities.