Muthoot Group was among the best performers today. It returned +1.71% to close at 7111.13. During the last week it returned +5.89%.
Buy-and-Hold investors in ~MUTHOOTGRP experienced a maximum drawdown of -21.76% over the last three months. It lost -2.34% during this down trending period. There were both Long and Short signals during this period, where the short signals were marginally more profitable than the long signals.
During the last three months ~MUTHOOTGRP was mostly loss making and delivered on average -0.0% per day. It's best return during this period (of +8.85%) was on Friday, 7 Dec, 2018. While it's worst loss in the same period (of -5.06%) was on Monday, 24 Sep, 2018. There was initially a bearish trend during this period which started on 3 Oct, 2018 and went on till 8 Oct, 2018. The trend delivered -8.97% losses to investors. This was followed by a bullish trend that started on 30 Oct, 2018 and ended on 5 Nov, 2018. This bullish trend delivered +5.71% to investors.
~MUTHOOTGRP had 8 profitable and 4 loss making months over the last year. ~MUTHOOTGRP was profitable in more months than NIFTY-50 index. ~MUTHOOTGRP significantly outperformed NIFTY-50 index in Apr 2018, when it returned +13.25% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. ~MUTHOOTGRP had a longer winning streak of profitable months than NIFTY-50 index. It went up in 3 straight months (from Oct 2018 to Dec 2018) during which period it delivered +13.43%. It is interesting to note that both ~MUTHOOTGRP and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
"Financial crises are like fireworks: they illuminate the sky even as they go pop.
~MUTHOOTGRP 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 ~MUTHOOTGRP's volatility from 12 Oct, 2018 to 27 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 ~MUTHOOTGRP 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.
NIFTY-50 index has more chance of extreme outcomes than ~MUTHOOTGRP. Therefore, NIFTY-50 must receive a lower allocation than ~MUTHOOTGRP in your portfolio. NIFTY-50 index usually has shorter drawdown period than ~MUTHOOTGRP.
On a general note (since you are interested in ~MUTHOOTGRP), three instruments that deserve special mention are ~MKTCAP201TO250, BAJFINANCE and DMART. They have all outperformed the market and must be closely watched for investment opportunities.
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