VINDHYA TELELINKS LTD

1689.15 +7.13 (+0.42%) Sell

Don't lose faith in VINDHYATEL now, it delivered good returns

13 min read

VINDHYATEL performed better than the broader market today. On a longer term basis, investors in VINDHYA TELELINKS LTD made +0.18% per day. Wednesday's performance of +0.42% was a significant outperformance compared to it's daily average.

[Themes containing VINDHYATEL]

VINDHYATEL showed a strong up trend over the last 3 months. During this period VINDHYATEL returned +38.28% and saw a maximum drawdown of -15.3%. There was a long signal during this period which returned +28.07%.

Trend

VINDHYATEL has been underperforming the NIFTY-50 index in recent time, after having outperformed till 27 Nov, 2018. Over the last 3 years and 1 month, VINDHYATEL outperformed the NIFTY-50 index on 48% days. Which indicates that on days VINDHYATEL 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 VINDHYATEL was mostly profitable and delivered on average +0.55% per day. It's best return during this period (of +9.95%) was on Tuesday, 6 Nov, 2018. While it's worst loss in the same period (of -4.31%) was on Friday, 16 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 +23.02% to investors. This was followed by a bearish trend that started on 28 Nov, 2018 and ended on 6 Dec, 2018. This bearish trend lost -9.7% of investor capital.

VINDHYATEL had 6 profitable and 6 loss making months over the last year. VINDHYATEL was profitable in more months than NIFTY-50 index. VINDHYATEL significantly outperformed NIFTY-50 index in Aug 2018, when it returned +49.86% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. VINDHYATEL and NIFTY-50 index, both had periods of 2 consecutive profitable months. It is interesting to note that both VINDHYATEL and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

It's good to have money and the things that money can buy, but It's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy.
-- George Lorimer

VINDHYATEL 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 VINDHYATEL's volatility from 24 Oct, 2018 to 18 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 VINDHYATEL has significant negative skewness in it's return distribution. This indicates that VINDHYATEL is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in VINDHYATEL), two instruments that deserve special mention are ~MUTHOOTGRP and ~CHEMICALS. They have significantly outperformed the overall market.

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