XPRO INDIA LIMITED is a falling knife that can bleed you if you catch it today. It returned -4.2% to close at 38.8. During the last week it returned -5.6% and saw a maximum drawdown of -6.39% before bouncing back.
XPROINDIA is currently in a down trend. Over the last three months trading short signals has not been a profitable strategy for XPROINDIA's investors in general. However, this strategy had significantly lower risk when compared to Buy-and-Hold investing (which returned +0.78%). It is therefore better to tread with caution in the current downtrend by limiting your allocation to XPROINDIA.
XPROINDIA has been underperforming the NIFTY-50 index in recent time, after having outperformed till 5 Jan, 2016. Over the last 3 years and 1 month, XPROINDIA underperformed the NIFTY-50 index on 54% days.
During the last three months XPROINDIA delivered losses on 59% days. However, it still managed to end this period in a profit. It's best return during this period (of +5.26%) was on Monday, 31 Dec, 2018. While it's worst loss in the same period (of -5.66%) was on Monday, 5 Nov, 2018. There was initially a bullish trend during this period which started on 6 Nov, 2018 and went on till 12 Nov, 2018. The bullish trend returned +4.41% to investors. This was followed by a bearish trend that started on 20 Nov, 2018 and ended on 26 Nov, 2018. This bearish trend lost -6.55% of investor capital.
On monthly basis, XPROINDIA delivered losses in more months over the last year, than profits. XPROINDIA delivered profits less regularly than NIFTY-50 index. XPROINDIA was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -19.27% compared to -6.42% returned by NIFTY-50 index in Sep 2018. XPROINDIA had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from May 2018 to Jul 2018) during which period it delivered -23.9%. It is interesting to note that both XPROINDIA and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
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XPROINDIA 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 XPROINDIA's volatility from 23 Oct, 2018 to 20 Dec, 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 XPROINDIA has significant negative skewness in it's return distribution. This indicates that XPROINDIA is very risky for short-term investment and can significantly underperform for long durations.
NIFTY-50 index has more chance of extreme outcomes than XPROINDIA. Therefore, NIFTY-50 must receive a lower allocation than XPROINDIA in your portfolio. NIFTY-50 index usually has shorter drawdown period than XPROINDIA.
Based on your interest in XPROINDIA you may find it interesting to know that SRIPIPES and NIFTY50-DIV-POINT are highly volatile and therefore risky. Investors should consider limiting their exposure to these instruments (because of their volatile nature).
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