1589.9 -12.25 (-0.77%) Sell

VINATIORGA continues its fall as more investors loose confidence

13 min read

VINATI ORGANICS LTD ranked worse than it's peers on Wednesday. It lost -0.77% to close at 1589.9. It is currently trading +104% above it's 52 week low of 777.25 and is down only -5% from it's 52 week high.

[Themes containing VINATIORGA]

Buy-and-Hold investors in VINATIORGA experienced a maximum drawdown of -11.95% over the last three months. It grew by +29.41% 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 +17.13%.


VINATIORGA has been underperforming the NIFTY-50 index in recent time, after having outperformed till 14 Dec, 2018. Over the last 3 years and 1 month, VINATIORGA outperformed the NIFTY-50 index on 50% days. Which indicates that on days VINATIORGA 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 VINATIORGA was mostly profitable and delivered on average +0.44% per day. It's best return during this period (of +8.17%) was on Wednesday, 31 Oct, 2018. While it's worst loss in the same period (of -5.13%) was on Friday, 2 Nov, 2018. There was initially a bullish trend during this period which started on 24 Oct, 2018 and went on till 1 Nov, 2018. The bullish trend returned +25.94% to investors. This was followed by a bearish trend that started on 22 Nov, 2018 and ended on 28 Nov, 2018. This bearish trend lost -7.56% of investor capital.

VINATIORGA had 6 profitable and 6 loss making months over the last year. VINATIORGA was profitable in more months than NIFTY-50 index. VINATIORGA significantly outperformed NIFTY-50 index in Aug 2018, when it returned +46.3% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. VINATIORGA and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both VINATIORGA and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

I hate weekends because there is no stock market.
-- Rene Rivkin

VINATIORGA 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 fall in VINATIORGA's volatility from 2 Nov, 2018 to 9 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 VINATIORGA has significant negative skewness in it's return distribution. This indicates that VINATIORGA is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in VINATIORGA), MERCK has performed really well this year and deserves to be closely tracked for investment opportunities.

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