Time to party for INVESTMENTBIZ THEME investors as it was among the best performers

~INVESTMENTBIZ was among the best performers today. On a longer term basis, investors in Investment Business made +0.07% per day. Friday's performance of -0.38% was a significant underperformance compared to it's daily average.

[Theme constituents]

Buy-and-Hold investors in ~INVESTMENTBIZ experienced a maximum drawdown of -30.95% over the last three months. It lost -22.44% during this strong down trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +22.15%.

Trend

Monthly Performance

Alpha (outperformance)

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Volatility

Return distribution

~INVESTMENTBIZ has been underperforming the NIFTY-50 index in recent time, after having outperformed till 18 Sep, 2017. Over the last 2 years 11 months and 13 days, ~INVESTMENTBIZ outperformed the NIFTY-50 index on 53% days.

During the last three months ~INVESTMENTBIZ was mostly loss making and delivered on average -0.4% per day. It's best return during this period (of +4.66%) was on Friday, 12 Oct, 2018. While it's worst loss in the same period (of -6.67%) was on Monday, 8 Oct, 2018. There was initially a bearish trend during this period which started on 18 Sep, 2018 and went on till 28 Sep, 2018. The trend delivered -18.64% losses to investors. This was followed by a bullish trend that started on 26 Oct, 2018 and ended on 2 Nov, 2018. This bullish trend delivered +11.62% to investors.

~INVESTMENTBIZ had 5 profitable and 7 loss making months over the last year. During the last year, number of profitable months of ~INVESTMENTBIZ and NIFTY-50 index were the same. ~INVESTMENTBIZ was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Sep 2018, returned -21.96% compared to -6.42% returned by NIFTY-50 index in Sep 2018. ~INVESTMENTBIZ 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 -15.58%. It is interesting to note that both ~INVESTMENTBIZ and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.

A simple fact that is ard to learn is that the time to save money is when you have some.
-- Joe Moore

~INVESTMENTBIZ 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 ~INVESTMENTBIZ's volatility from 19 Oct, 2018 to 30 Nov, 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 ~INVESTMENTBIZ has significant positive skewness in it's return distribution. This indicates that investors can expect ~INVESTMENTBIZ to recover from drawdowns quickly. Which makes ~INVESTMENTBIZ a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in ~INVESTMENTBIZ), two small cap instruments that deserve special mention are NIITTECH and VINATIORGA. They have significantly outperformed the overall market.