VESUVIUS INDIA LTD ranked worse than it's peers today. It delivered -0.07% to close at 1210.85. During the last week it delivered -1.45% and saw a maximum drawdown of -1.92% before bouncing back.
Buy-and-Hold investors in VESUVIUS experienced a maximum drawdown of -5.13% over the last three months. It increased by +16.54% during this strong bullish 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 +2.64%.
VESUVIUS has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 21 Mar, 2016 to 21 Jul, 2017. Over the last 3 years and 1 month, VESUVIUS outperformed the NIFTY-50 index on 50% days. Which indicates that on days VESUVIUS 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 VESUVIUS was mostly profitable and delivered on average +0.26% per day. It's best return during this period (of +7.03%) was on Tuesday, 15 Jan, 2019. While it's worst loss in the same period (of -2.77%) was on Monday, 26 Nov, 2018. The longest stort-term trend during this period was 10 profitable days, which started on 26 Oct, 2018 and went on till 9 Nov, 2018. This bullish trend returned +11.13% to investors.
The last 12 months saw VESUVIUS's investors making profits in 5 months and incurring losses in 7 months. During the last year, VESUVIUS and NIFTY-50 index had the same number of profitable months. VESUVIUS was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Aug 2018, returned -7.53% compared to -6.42% returned by NIFTY-50 index in Sep 2018. VESUVIUS had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Nov 2018 to Jan 2019) during which period it delivered +14.5%. It is interesting to note that both VESUVIUS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
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VESUVIUS 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 surge in VESUVIUS's volatility from 14 Jan, 2019 to 16 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 VESUVIUS has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.
NIFTY-50 index has more chance of extreme outcomes than VESUVIUS. Therefore, NIFTY-50 must receive a lower allocation than VESUVIUS in your portfolio. NIFTY-50 index usually has shorter drawdown period than VESUVIUS.
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