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%.


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.

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
If you liked what you read here ...

... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.

All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.

We want to empower investors with all the tools and analysis required by them to make a rational investment decision.

If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute
Share with friends   WhatsApp   Facebook   Twitter