Big Dividend THEME

1689.83 -8.52 (-0.5%) Buy

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Looking to invest in BIGDIVIDENDS THEME? Consider at the moment as it outperformed the broader market

14 min read

~BIGDIVIDENDS outperformed the broader market today. On a longer term basis, investors in Big Dividend made +0.08% per day. Friday's performance of -0.5% was a underperformance compared to it's daily average.

[Theme constituents]

~BIGDIVIDENDS showed a strong bearish trend over the last 3 months. During this period ~BIGDIVIDENDS fell by -14.84% and saw a maximum drawdown of -23.13%. There were 2 short signals during this period that returned a cumulative of +14.47% to investors.


~BIGDIVIDENDS has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 6 Jun, 2016 to 8 Jan, 2018. Over the last 2 years 11 months and 13 days, ~BIGDIVIDENDS outperformed the NIFTY-50 index on 48% days. Which indicates that on days ~BIGDIVIDENDS 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 ~BIGDIVIDENDS was mostly loss making and delivered on average -0.25% per day. It's best return during this period (of +6.57%) was on Wednesday, 12 Dec, 2018. While it's worst loss in the same period (of -5.24%) was on Friday, 21 Sep, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +5.99%) started on 10 Oct, 2018 and went on till 16 Oct, 2018 while the bearish trend (which returned -11.54%) started on 18 Sep, 2018 and went on till 25 Sep, 2018.

During the last year ~BIGDIVIDENDS had 5 profitable months and 7 loss making months. Profitable number of months of ~BIGDIVIDENDS and NIFTY-50 index were the same. ~BIGDIVIDENDS was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -21.27% compared to -6.42% returned by NIFTY-50 index in Sep 2018. ~BIGDIVIDENDS had a longer winning streak of losing months than NIFTY-50 index. It went down in 3 straight months (from Jan 2018 to Mar 2018) during which period it delivered -21.02%. It is interesting to note that both ~BIGDIVIDENDS and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Never spend your money before you have earned it.
-- Thomas Jefferson

~BIGDIVIDENDS is currently seeing overall increase in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant fall in ~BIGDIVIDENDS's volatility from 21 Sep, 2018 to 5 Dec, 2018. While there was a significant fall in the NIFTY-50 index's volatility from 21 Sep, 2018 to 5 Dec, 2018.

Advanced/professional short-term investors should note that ~BIGDIVIDENDS 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.

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

Based on your interest in ~BIGDIVIDENDS you may find it interesting to know that LTI and AARTIIND are both mid caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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