45.6 -2.28 (-5.0%) Buy

VAKRANGEE investors check their stop-losses as it underperforms

14 min read

VAKRANGEE LIMITED is a falling knife that can bleed you if you catch it on Tuesday. It returned -5.0% to close at 45.6. On a day when the overall market breadth was 70%, it closed higher than 39% of the market. In comparison, the benchmark NIFTY-50 index closed today at -0.0036%.

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Buy-and-Hold investors in VAKRANGEE experienced a maximum drawdown of -30.45% over the last three months. It gained +47.81% during this strong up 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 +58.32%.


VAKRANGEE has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, VAKRANGEE underperformed the NIFTY-50 index on 47% days. Which indicates that on days VAKRANGEE underperforms the NIFTY-50 index, it's performance is marginally worse than on the days it outperforms the NIFTY-50 index.

VAKRANGEE was profitable on 53% days in the last three months. During this time, it delivered on average +0.71% per day. It delivered it's worst daily return of -5.0%, during this period, on Thursday, 1 Nov, 2018. There was initially a bearish trend during this period which started on 25 Oct, 2018 and went on till 5 Nov, 2018. The trend delivered -35.49% losses to investors. This was followed by a bullish trend that started on 22 Nov, 2018 and ended on 7 Dec, 2018. This bullish trend delivered +54.23% to investors.

On monthly basis, VAKRANGEE delivered losses in more months over the last year, than profits. VAKRANGEE delivered profits less regularly than NIFTY-50 index. VAKRANGEE significantly outperformed NIFTY-50 index in Jun 2018, when it returned +106.7% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. VAKRANGEE had a longer winning streak of losing months than NIFTY-50 index. It went down in 4 straight months (from Jul 2018 to Oct 2018) during which period it delivered -73.51%.

"There is a huge amount of freedom that is derived from not fighting the market.

VAKRANGEE is becoming less volatile overall. In comparison, the NIFTY-50 index is seeing a fall in volatility. During the last three months, there was a significant surge in VAKRANGEE's volatility from 23 Oct, 2018 to 25 Oct, 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 VAKRANGEE has significant positive skewness in it's return distribution. This indicates that investors can expect VAKRANGEE to recover from drawdowns quickly. Which makes VAKRANGEE a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in VAKRANGEE you may find it interesting to know that DPSCLTD has delivered similar performance as VAKRANGEE and can be considered as an alternative investment candidate (to VAKRANGEE).

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