BSE NSE Out and Under Performers Stocks, Stock Market Price Analysis
One of the ways of identifying winners is to look at stock return on a relative
basis. Absolute returns on a stock can convey very little. A 20% return on a stock
when the index is up by 2% is far more valuable than a 20% return on a stock when
the index is up by 18%. When we talk of outperformers and underperformers, it is
always with reference to the index like the Nifty or the Sensex. But returns and
outperformance alone is not sufficient. Such outperformance also needs to be consistent.
If the stock has outperformed the index in 7 out of the last 8 quarters then it
is appreciable. But if the stock has substantially outperformed in 3 quarters and
underperformed drastically in 4 quarters then t is a sign of inconsistency. As an
investor you are more interested in sustained outperformance rather than erratic
Stock Market Price Analysis – Outperformers and Underperformers…
The NSE outperformers and underperformer stocks page is a comprehensive look at
how the best stocks have performed vis-à-vis an acceptable benchmark. The outperformers
and underperformers page actually permits you to filter the list of stocks on the
exchange on 3 distinct criteria…
Outperformer and underperformers by exchange…
You can actually filter the outperformers and underperformers based on stock exchange.
There are a lot more stocks traded on the BSE compared to the NSE. You can not only
get the outperformers and underperformers by exchange but also benchmark against
the specific indices like the Nifty or the Sensex.
Outperformers and underperformers by holding period…
The second level filter is that you can also sort stocks based on the period of
holding. There are stocks that have outperformed over a 1 week period, 1 month period
and a 1 year period. When a stock outperforms the index across more than 1 time
frame it is a more convincing indication of the underlying trend of the stock. It
is not only an investment trigger but also a trigger for our research analysts to
look at it more closely and identify if there is anything of interest for the investors.
This multiple time filters gives you a long term view and a short term view of the
stock price trend and can be used by a trader and an investor accordingly.
Outperformers and underperformers based on sectoral index filters…
The third filter offers you a granular view of the outperformers and the underperformers.
You not only filter on the overall market but also on specific sectors and specific
indices. This helps you to drill deeper into specific sectors or themes that you
may be interested in. In fact, the sectoral filter can be very useful once our fundamental
research has identified a particular sector as interesting based on our sectoral
analysis. This filter will help you focus on specific stocks that have shown specific
outperformance and consistency to be included in your portfolio.