92.25 -0.45 (-0.49%) Buy

Waiting to invest in UTTAMSUGAR? Look for alternatives because it performed worse than the broader market

13 min read

UTTAM SUGAR MILLS LTD. performed worse than the broader market today. It delivered -0.49% to close at 92.25. It's recent 5 day performance has been -0.38%, -1.17%, -3.09%, -1.52% and +0.46%.

[Themes containing UTTAMSUGAR]

UTTAMSUGAR showed a strong bearish trend over the last 3 months. During this period UTTAMSUGAR delivered -34.08% and saw a maximum drawdown of -43.21%. There was a short signal during this period which returned +15.4%.


UTTAMSUGAR has been underperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 16 Feb, 2016 to 7 Aug, 2017. Over the last 3 years and 1 month, UTTAMSUGAR outperformed the NIFTY-50 index on 42% days. Which indicates that on days UTTAMSUGAR outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

UTTAMSUGAR returned losses on 64% days in the last three months. During this time, it delivered on average -0.61% per day. It delivered it's worst daily return of -9.21%, during this period, on Friday, 16 Nov, 2018. The longest stort-term trend during this period was 5 losing days, which started on 17 Jan, 2019 and ended on 23 Jan, 2019. This bearish trend lost -6.65% of investor capital.

The last 12 months saw UTTAMSUGAR's investors making profits in 5 months and incurring losses in 7 months. During the last year, UTTAMSUGAR delivered profits in more months than NIFTY-50 index. UTTAMSUGAR significantly outperformed NIFTY-50 index in Oct 2018, when it returned +46.99% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. UTTAMSUGAR had a longer winning streak of losing months than NIFTY-50 index. It went down in 5 straight months (from Mar 2018 to Jul 2018) during which period it delivered -46.72%. It is interesting to note that both UTTAMSUGAR and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

I'm a great believer in luck, and I find the harder I work the more I have of it.
-- Thomas Jefferson

UTTAMSUGAR 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 UTTAMSUGAR's volatility from 29 Oct, 2018 to 2 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 UTTAMSUGAR has significant negative skewness in it's return distribution. This indicates that UTTAMSUGAR is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in UTTAMSUGAR you may find it interesting to know that ~CHEMICALS, BRITANNIA and NIFTY-GS-15YRPLUS have all shown remarkable performance and qualify to be on every investor's watchlist.

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