VST INDUSTRIES LTD

3209.65 -30.31 (-0.94%) Buy

Search for alternative investments is on for VSTIND investors as it ranked worse than it's peers

13 min read

VSTIND showed weakness today. On a longer term basis, investors in VST INDUSTRIES LTD made +0.11% per day. Friday's performance of -0.94% was a significant underperformance compared to it's daily average.

[Themes containing VSTIND]

Buy-and-Hold investors in VSTIND experienced a maximum drawdown of -8.65% over the last three months. It gained +12.07% 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 +1.18%.

Trend

VSTIND has been outperforming the NIFTY-50 index in recent time. Over the last 3 years and 1 month, VSTIND outperformed the NIFTY-50 index on 51% days.

VSTIND was profitable on 53% days in the last three months. During this time, it delivered on average +0.2% per day. It delivered it's best daily return of +6.04%, during this period, on Thursday, 25 Oct, 2018. There was initially a bullish trend during this period which started on 25 Oct, 2018 and went on till 31 Oct, 2018. The bullish trend returned +15.35% to investors. This was followed by a bearish trend that started on 3 Dec, 2018 and ended on 6 Dec, 2018. This bearish trend lost -2.9% of investor capital.

VSTIND had 6 profitable and 6 loss making months over the last year. VSTIND was profitable in more months than NIFTY-50 index. VSTIND significantly outperformed NIFTY-50 index in Aug 2018, when it returned +22.24% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. VSTIND had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Oct 2018 to Dec 2018) during which period it delivered +17.44%. It is interesting to note that both VSTIND and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Don't always trust what you see. In a bull market even a duck looks like a swan.
-- Vijay Kedia

VSTIND 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 VSTIND's volatility from 2 Nov, 2018 to 19 Nov, 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 VSTIND 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 VSTIND. Therefore, NIFTY-50 must receive a lower allocation than VSTIND in your portfolio. NIFTY-50 index usually has shorter drawdown period than VSTIND.

On a general note (since you are interested in VSTIND), three instruments that are extremely volatile are SRIPIPES, TIDEWATER and ~HOMEAPPLIANCES. They must all be evaluated prudently and investors are better off avoiding them at the moment.

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