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.
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.
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