260.55 +0.1 (+0.04%) Sell

UFLEX investors hold onto their investments as it marginally outperforms

13 min read

UFLEX ranked better than it's peers today. On a longer term basis, investors in UFLEX LIMITED made +0.12% per day. Wednesday's performance of +0.04% was a outperformance compared to it's daily average.

[Themes containing UFLEX]

Buy-and-Hold investors in UFLEX experienced a maximum drawdown of -17.97% over the last three months. It delivered -2.92% during this bearish trending period. There were both Long and Short signals during this period, where the short signals were marginally more profitable than the long signals.


UFLEX has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 29 Feb, 2016 to 26 Dec, 2017. Over the last 3 years and 1 month, UFLEX outperformed the NIFTY-50 index on 46% days. Which indicates that on days UFLEX outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

During the last three months UFLEX was mostly loss making and delivered on average -0.03% per day. It's best return during this period (of +6.2%) was on Friday, 2 Nov, 2018. While it's worst loss in the same period (of -4.63%) was on Monday, 10 Dec, 2018. The longest stort-term trend during this period was 7 losing days, which started on 1 Jan, 2019 and ended on 9 Jan, 2019. This bearish trend lost -5.7% of investor capital.

The last 12 months saw UFLEX's investors making profits in 4 months and incurring losses in 8 months. During the last year, UFLEX and NIFTY-50 index had the same number of profitable months. UFLEX was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -15.52% compared to -6.42% returned by NIFTY-50 index in Sep 2018. UFLEX had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Sep 2018 to Nov 2018) during which period it delivered -11.32%. It is interesting to note that both UFLEX and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

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UFLEX 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 UFLEX's volatility from 13 Dec, 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 UFLEX has significant negative skewness in it's return distribution. This indicates that UFLEX is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in UFLEX you may find it interesting to know that SRIPIPES, HATSUN and ~HOMEAPPLIANCES are all extremely risky investment candidates that must be evaluated carefully. Investors with low risk profile are better off avoiding them till their performance becomes more consistent.

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