Tea & Coffee showed weakness today. It lost -0.1% to close at 1448.08. During the last week it lost -0.5% and saw a maximum drawdown of -0.56% before bouncing back.
Buy-and-Hold investors in ~TEACOFFEE experienced a maximum drawdown of -5.52% over the last three months. It lost -3.23% during this down trending period. There were no long signals during this period, where the short signal generated profits of +3.23% for investors.
~TEACOFFEE has been underperforming the NIFTY-50 index in recent time, after having outperformed till 30 Nov, 2017. Over the last 3 years and 1 month, ~TEACOFFEE underperformed the NIFTY-50 index on 51% days.
During the last three months ~TEACOFFEE was mostly loss making and delivered on average -0.05% per day. It's best return during this period (of +1.78%) was on Wednesday, 12 Dec, 2018. While it's worst loss in the same period (of -3.2%) was on Monday, 10 Dec, 2018. There was initially a bullish trend during this period which started on 29 Oct, 2018 and went on till 5 Nov, 2018. The bullish trend returned +5.14% to investors. This was followed by a bearish trend that started on 20 Dec, 2018 and ended on 26 Dec, 2018. This bearish trend lost -3.07% of investor capital.
~TEACOFFEE had 3 profitable and 9 loss making months over the last year. During the last year, ~TEACOFFEE underperformed NIFTY-50 index on monthly return basis. ~TEACOFFEE significantly outperformed NIFTY-50 index in Apr 2018, when it returned +15.8% compared to +6.56% returned by NIFTY-50 index during it's best month in the last one year - Jul 2018. ~TEACOFFEE 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 -12.59%. It is interesting to note that both ~TEACOFFEE and NIFTY-50 index significantly outperform during months when quarterly/annual results are announced.
"Price is what you pay and value is what you get.
~TEACOFFEE is becoming less 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 ~TEACOFFEE's volatility from 22 Oct, 2018 to 18 Jan, 2019. 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 ~TEACOFFEE 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.
~TEACOFFEE has more chance of extreme outcomes than the NIFTY-50 index. Therefore, ~TEACOFFEE must receive a lower allocation than NIFTY-50 in your portfolio. NIFTY-50 index usually has shorter drawdown period than ~TEACOFFEE.
On a general note (since you are interested in ~TEACOFFEE), three instruments that have performed similar to ~TEACOFFEE are GEPIL, ~HINDUJAGRP and NIFTY-MIDCAP-50. They must all be evaluated as alternative investment options and for diversification.
... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.
All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.
We want to empower investors with all the tools and analysis required by them to make a rational investment decision.If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute