113.8 -0.3 (-0.26%) Sell

Stop-loss on the minds of TRITURBINE investors as it shows weakness

13 min read

TRIVENI TURBINE LIMITED performed worse than the broader market today. It fell by -0.26% to close at 113.8. During the last week it fell by -0.61% and saw a maximum drawdown of -1.0% before bouncing back.

[Themes containing TRITURBINE]

Buy-and-Hold investors in TRITURBINE experienced a maximum drawdown of -11.48% over the last three months. It delivered +15.36% during this strong bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals. The net profit from Long signals was +0.45%.


TRITURBINE has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 4 Jul, 2017 to 15 May, 2018. Over the last 3 years and 1 month, TRITURBINE underperformed the NIFTY-50 index on 52% days.

During the last three months TRITURBINE was mostly profitable and delivered on average +0.25% per day. It's best return during this period (of +9.43%) was on Friday, 2 Nov, 2018. While it's worst loss in the same period (of -6.44%) was on Thursday, 27 Dec, 2018. The longest stort-term trend during this period was 8 profitable days, which started on 7 Dec, 2018 and went on till 18 Dec, 2018. This bullish trend returned +6.51% to investors.

During the last year TRITURBINE had 5 profitable months and 7 loss making months. Profitable number of months of TRITURBINE and NIFTY-50 index were the same. TRITURBINE was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Mar 2018, returned -17.7% compared to -6.42% returned by NIFTY-50 index in Sep 2018. TRITURBINE had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Feb 2018 to Apr 2018) during which period it delivered -23.38%.

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

TRITURBINE 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 surge in TRITURBINE's volatility from 7 Dec, 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 TRITURBINE has significant negative skewness in it's return distribution. This indicates that TRITURBINE is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in TRITURBINE), two large cap instruments that deserve special mention are BRITANNIA and BAJFINANCE. They have significantly outperformed the overall market.

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