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%.
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.
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