One observation I made recently. When I change my screening criteria to sharpe return of 3 months , I get stock list of such stocks which is quite different than when i select 6month+12 month sharpe returns. I compared the charts under both categories and I realised that when i select only Sharpe return of 3 months I get stocks like India Glyco, Gabriel, sardaen, Dodla, etc who has recently broken out in last 2-3 months, but the problem is that their charts are too volatile and non-secular with very high drawdowns…While in 6+12 month sharpe returns , charts are very secular with consistent performance with non volatile and small drawdowns if at all… Also those stocks which come under 3 months , also come under 6+12 , but at lower ranks like beyond 30 and all. @visuarchie , if you could comment on this observation…pls
| Subscribe To Our Free Newsletter |
