UNIPHOS ENTERPRISES LTD

95.15 -2.53 (-2.66%) Buy

Search for alternative investments is on for UNIENTER investors as it performed worse than the broader market

13 min read

UNIPHOS ENTERPRISES LTD was among the worst performers on Tuesday. It delivered -2.66% to close at 95.15. It is currently trading -26% below it's 52 week high of 129.35.

[Themes containing UNIENTER]

UNIENTER is currently in a bullish trend. The previous long signal in UNIENTER has not been profitable for investors in general. If you are invested in UNIENTER at current levels please make sure that your allocation is limited and that your portfolio is well diversified.

Trend

UNIENTER has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 22 Mar, 2016 to 19 Sep, 2018. Over the last 3 years and 1 month, UNIENTER outperformed the NIFTY-50 index on 47% days. Which indicates that on days UNIENTER outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

UNIENTER returned losses on 56% days in the last three months. During this time, it delivered on average +0.1% per day. It delivered it's best daily return of +13.52%, during this period, on Monday, 17 Dec, 2018. The longest stort-term trend during this period was 5 losing days, which started on 19 Dec, 2018 and ended on 26 Dec, 2018. This bearish trend lost -11.84% of investor capital.

The last 12 months saw UNIENTER's investors making profits in 5 months and incurring losses in 7 months. During the last year, UNIENTER and NIFTY-50 index had the same number of profitable months. UNIENTER significantly outperformed NIFTY-50 index in Aug 2018, when it returned +8.54% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. UNIENTER had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Aug 2018 to Oct 2018) during which period it delivered +15.48%. It is interesting to note that both UNIENTER and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
-- Robert G. Allen

UNIENTER 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 surge in UNIENTER's volatility from 19 Nov, 2018 to 17 Dec, 2018. 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 UNIENTER has significant negative skewness in it's return distribution. This indicates that UNIENTER is very risky for short-term investment and can significantly underperform for long durations.

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

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

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