FOODPROCESSING THEME continues it's uptrend, although on a weaker note

Food Processing is looking better than most other alternatives on Friday. It lost -0.37% to close at 1291.56. It is currently trading -50% below it's 52 week high of 2605.71.

[Theme constituents]

~FOODPROCESSING is currently in a up trend. Over the last three months 3 bullish signals in ~FOODPROCESSING have generated a profit of +0.09% for investors.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

~FOODPROCESSING has been outperforming the NIFTY-50 index in recent time. Over the last 2 years 11 months and 13 days, ~FOODPROCESSING underperformed the NIFTY-50 index on 48% days. Which indicates that on days ~FOODPROCESSING underperforms the NIFTY-50 index, it's performance is marginally worse than on the days it outperforms the NIFTY-50 index.

During the last three months ~FOODPROCESSING delivered profits on 53% days. However, it still managed to end this period in a loss. It's best return during this period (of +3.49%) was on Tuesday, 9 Oct, 2018. While it's worst loss in the same period (of -4.38%) was on Monday, 24 Sep, 2018. There was initially a bearish trend during this period which started on 17 Oct, 2018 and went on till 26 Oct, 2018. The trend delivered -12.18% losses to investors. This was followed by a bullish trend that started on 29 Oct, 2018 and ended on 9 Nov, 2018. This bullish trend delivered +11.93% to investors.

~FOODPROCESSING had 4 profitable and 8 loss making months over the last year. During the last year, ~FOODPROCESSING underperformed NIFTY-50 index on monthly return basis. ~FOODPROCESSING was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -18.96% compared to -6.42% returned by NIFTY-50 index in Sep 2018. ~FOODPROCESSING 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 -13.22%. It is interesting to note that both ~FOODPROCESSING and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

Here's my gift-giving rule: Respect your current financial situation.
-- Suze Orman

~FOODPROCESSING is becoming more 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 ~FOODPROCESSING's volatility from 1 Oct, 2018 to 4 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 ~FOODPROCESSING has significant positive skewness in it's return distribution. This indicates that investors can expect ~FOODPROCESSING to recover from drawdowns quickly. Which makes ~FOODPROCESSING a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in ~FOODPROCESSING), LTI is a mid cap that deserves to be closely tracked for investment opportunities.