156.6 -2.27 (-1.45%) Buy

Search for alternative investments is on for TAKE investors as it ranked worse than it's peers

13 min read

TAKE SOLUTIONS LTD ranked among the worst performers on Wednesday. It delivered -1.45% to close at 156.6. It is currently trading -47% below it's 52 week high of 296.3.

[Themes containing TAKE]

TAKE is currently in a bullish trend. The current bullish signal has generated a profit of +13.36% for TAKE's investors in the last three months.


TAKE has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 15 Jun, 2018 to 3 Dec, 2018. Over the last 3 years and 1 month, TAKE underperformed the NIFTY-50 index on 55% days.

During the last three months TAKE was mostly profitable and delivered on average +0.13% per day. It's best return during this period (of +7.0%) was on Monday, 12 Nov, 2018. While it's worst loss in the same period (of -9.04%) was on Friday, 16 Nov, 2018. The longest stort-term trends during this period were 4 profitable and losing days. The bullish trend (which returned +6.68%) started on 24 Oct, 2018 and went on till 29 Oct, 2018 while the bearish trend (which returned -8.95%) started on 1 Nov, 2018 and went on till 6 Nov, 2018.

The last 12 months saw TAKE's investors making profits in 5 months and incurring losses in 7 months. During the last year, TAKE delivered profits in more months than NIFTY-50 index. TAKE significantly outperformed NIFTY-50 index in Apr 2018, when it returned +26.75% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. TAKE had a longer winning streak of losing months than NIFTY-50 index. It went down in 6 straight months (from Jun 2018 to Nov 2018) during which period it delivered -62.0%. It is interesting to note that both TAKE and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Financial security and independence are like a three-legged stool resting on savings, insurance and investments.
-- Brian Tracy

TAKE 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 fall in TAKE's volatility from 1 Nov, 2018 to 3 Jan, 2019. 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 TAKE has significant negative skewness in it's return distribution. This indicates that TAKE is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in TAKE you may find it interesting to know that BRITANNIA and BAJFINANCE have both shown remarkable performance and deserve to be on every investors' watchlist.

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