34.05 -1.84 (-5.42%) Sell

TV18BRDCST is a falling knife, continues to bleed every investor trying to catch it

13 min read

TV18 BROADCAST LIMITED significantly underperformed today. It fell by -5.42% to close at 34.05. It's recent 5 day performance has been -5.39%, -2.06%, +3.74%, -1.32% and -0.52%.

[Themes containing TV18BRDCST]

TV18BRDCST is currently in a bearish trend. Over the last three months 2 bearish signals have generated a profit of +3.22% for investors.


TV18BRDCST has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 2 Apr, 2018 to 1 Oct, 2018. Over the last 3 years and 1 month, TV18BRDCST underperformed the NIFTY-50 index on 55% days.

During the last three months TV18BRDCST was mostly loss making and delivered on average -0.08% per day. It's best return during this period (of +4.82%) was on Wednesday, 12 Dec, 2018. While it's worst loss in the same period (of -5.42%) was on Friday, 18 Jan, 2019. The longest stort-term trend during this period was 5 losing days, which started on 20 Nov, 2018 and ended on 27 Nov, 2018. This bearish trend lost -6.31% of investor capital.

During the last year TV18BRDCST had 4 profitable months and 8 loss making months. TV18BRDCST returned profits in fewer months than NIFTY-50 index. TV18BRDCST was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -23.78% compared to -6.42% returned by NIFTY-50 index in Sep 2018. TV18BRDCST had a longer winning streak of losing months than NIFTY-50 index. It went down in 6 straight months (from Apr 2018 to Sep 2018) during which period it delivered -55.16%.

An investment in knowledge pays the best interest.
-- Benjamin Franklin

TV18BRDCST is currently seeing overall increase in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant fall in TV18BRDCST's volatility from 22 Oct, 2018 to 14 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 TV18BRDCST has significant negative skewness in it's return distribution. This indicates that TV18BRDCST is very risky for short-term investment and can significantly underperform for long durations.

Investors trading in TV18BRDCST derivatives at this moment can consider 'Bull Call Spread' options strategy to receive better risk-adjusted returns.

TV18BRDCST has more chance of extreme outcomes than the NIFTY-50 index. Therefore, TV18BRDCST must receive a lower allocation than NIFTY-50 in your portfolio. NIFTY-50 index usually has shorter drawdown period than TV18BRDCST.

Based on your interest in TV18BRDCST you may find it interesting to know that RESPONIND and ASTRAZEN are both small caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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