40.95 +1.61 (+3.93%) Sell

ZODJRDMKJ investors update their stop-losses higher

13 min read

ZODIAC JRD-MKJ LTD ranked among the best performers on Tuesday. It delivered +3.93% to close at 40.95. It is currently trading -41% below it's 52 week high of 69.7.

[Themes containing ZODJRDMKJ]

ZODJRDMKJ is currently in a bearish trend. Over the last three months Buy-and-Hold has been a better strategy (returning +10.38%) for ZODJRDMKJ's investors than shorting it.


ZODJRDMKJ has been underperforming the NIFTY-50 index in recent time. It showed significant underperformance (compared to the NIFTY-50 index) from 4 May, 2018 to 30 Jul, 2018. Over the last 3 years and 1 month, ZODJRDMKJ underperformed the NIFTY-50 index on 52% days.

During the last three months ZODJRDMKJ delivered losses on 51% days. However, it still managed to end this period in a profit. It's best return during this period (of +9.83%) was on Tuesday, 27 Nov, 2018. While it's worst loss in the same period (of -6.81%) was on Wednesday, 5 Dec, 2018. The longest stort-term trend during this period was 4 profitable days, which started on 12 Dec, 2018 and went on till 17 Dec, 2018. This bullish trend returned +6.45% to investors.

The last 12 months saw ZODJRDMKJ's investors making profits in 4 months and incurring losses in 8 months. ZODJRDMKJ was less consistent in delivering monthly returs than NIFTY-50 index. ZODJRDMKJ significantly outperformed NIFTY-50 index in Aug 2018, when it returned +54.53% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. ZODJRDMKJ 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 -13.25%. It is interesting to note that both ZODJRDMKJ 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

ZODJRDMKJ 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 ZODJRDMKJ's volatility from 23 Oct, 2018 to 1 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 ZODJRDMKJ 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.

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

On a general note (since you are interested in ZODJRDMKJ), three large cap instruments that deserve special mention are INFY, BRITANNIA and HINDUNILVR. They have all outperformed the market and must be closely watched for investment opportunities.

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