TIPS INDUSTRIES LIMITED

61.3 +0.91 (+1.49%) Buy

Waiting to invest in TIPSINDLTD? Consider at the moment as it outperformed

13 min read

TIPS INDUSTRIES LIMITED outperformed today. It surged by +1.49% to close at 61.3. It's recent 5 day performance has been +0.58%, -1.4%, +1.33%, -1.39% and +1.41%.

[Themes containing TIPSINDLTD]

TIPSINDLTD showed a bearish trend over the last 3 months. During this period TIPSINDLTD delivered -3.92% and saw a maximum drawdown of -10.09%. There was a short signal during this period which returned +1.72%.

Trend

TIPSINDLTD has been outperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 14 Nov, 2017 to 20 Dec, 2018. Over the last 3 years and 1 month, TIPSINDLTD underperformed the NIFTY-50 index on 55% days.

TIPSINDLTD returned losses on 59% days in the last three months. During this time, it delivered on average -0.05% per day. It delivered it's best daily return of +5.15%, during this period, on Wednesday, 26 Dec, 2018. The longest stort-term trend during this period was 5 losing days, which started on 27 Nov, 2018 and ended on 3 Dec, 2018. This bearish trend lost -3.35% of investor capital.

The last 12 months saw TIPSINDLTD's investors making profits in 5 months and incurring losses in 7 months. During the last year, TIPSINDLTD and NIFTY-50 index had the same number of profitable months. TIPSINDLTD was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -35.59% compared to -6.42% returned by NIFTY-50 index in Sep 2018. TIPSINDLTD had a longer winning streak of losing months than NIFTY-50 index. It went down in 4 straight months (from Aug 2018 to Nov 2018) during which period it delivered -31.99%. It is interesting to note that both TIPSINDLTD and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Traditionally, the sample is always better than the stock you deliver to the store.
-- Calvin Klein

TIPSINDLTD 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 TIPSINDLTD's volatility from 29 Oct, 2018 to 21 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 TIPSINDLTD has significant negative skewness in it's return distribution. This indicates that TIPSINDLTD is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in TIPSINDLTD you may find it interesting to know that HATSUN and CUB are both mid caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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