November month ended last week and it is time a review is undertaken on the performance of Vivekam’s SPOTS. There were 19 trading days in the month of November, which means there must have been 190 choices stated by Vivekam as their most preferred choices at a rate of 10 per day. Some stocks may have continued to appear more than once because they remained as the most undervalued growth stocks for more than one day. Irrespective of the fact, that a company continued for one day or more number of times in this month, we reviewed the change in price between the date of choice and the date on which it reached its maximum level before the end of November. Alongside we also take the statistics of nifty on each day and compare with the Nifty’s peak reached from that day to end of month.
—- Large Cap Stocks —- |
—- Mid Cap Stocks —- |
|||||
Total |
Success |
Percent |
Total |
Success |
Percent |
|
November |
190 |
138 |
72.63 |
190 |
168 |
88.42 |
When we checked the performance of all the choices together, ignoring the fact that there could be Large Cap or MidCap stocks, 164 choices out of 190 have beaten the index in the month of November. This is equal to an outstanding success rate of 86.32%. Vivekam has begun giving a choice to pick the undervalued stocks from Large Cap or MidCap segments. When we checked the success rate for large cap stocks, 138 choices out of 190 or 72.63% choices have been able to beat nifty. This is despite the fact that large cap stocks are often researched extensively by leading brokerages, and leave very little room for price rise. Going further, when we checked the success rate of MidCap stocks, it stood at an unbelievable 88.42% by being successful 168 out of 190 times.
Aban Offshore was suggested as part of spots on 18 November 2013 at a price of Rs. 252.40 and this has reached Rs. 391.30 in less than 10 days on 26 November 2013. This price rise is equal to 55.03%. Relaxo Footwear were suggested on 7 November 2013 when the price was Rs. 168. This went on to reach Rs. 218 on 25 November 2013 recording an appreciation of 29.7%. Zensar Techonologies was listed in spots on November 1, 2013 at a price of Rs. 266.85 and it went on to reach Rs. 344.05 on 27th of November 2013 registering a gain of 28.93%.
Reco date |
Company |
Reco Price |
High reached |
% gain |
High date |
Index gain % |
18-Nov-13 |
Aban Offshore |
252.4 |
391.3 |
55.03 |
26-Nov-13 |
0.38 |
7-Nov-13 |
Relaxo Footwear |
168.08 |
218 |
29.7 |
25-Nov-13 |
1.64 |
1-Nov-13 |
Zensar Tech. |
266.85 |
344.05 |
28.93 |
27-Nov-13 |
0.57 |
1-Nov-13 |
Ushdev Intl. |
310.15 |
370.95 |
19.6 |
3-Nov-13 |
0.57 |
7-Nov-13 |
SPARC |
135.6 |
161.7 |
19.25 |
26-Nov-13 |
1.64 |
11-Nov-13 |
TVS Motor Co. |
47.15 |
55.65 |
18.03 |
29-Nov-13 |
2.2 |
14-Nov-13 |
Vardhman Textile |
349.3 |
411 |
17.66 |
22-Nov-13 |
2.58 |
1-Nov-13 |
Tube Investments |
151.9 |
176.85 |
16.43 |
11-Nov-13 |
0.57 |
12-Nov-13 |
Finolex Cables |
65.8 |
76 |
15.5 |
18-Nov-13 |
3.23 |
8-Nov-13 |
PVR |
560.25 |
640 |
14.23 |
29-Nov-13 |
1.17 |
Ushdev International was suggested at a price of Rs. 310.15 on November 1, 2013 and it rose to Rs. 370.95 in just two days recording an appreciation of 19.6%. SPARK, TVS motor Co,Vardhman Textiles, Tube Investments, Finolex Cables and PVR were recommended when their prices were Rs. 1 35.6, Rs. 47.15, Rs. 349.30, Rs. 151.90, Rs. 65.80 and Rs. 560.25 respectively in the month of November. They all went on to reach Rs. 161.70, Rs. 55.65, Rs. 411.00, Rs. 176.85, Rs. 76.00 and Rs. 640.00 in the same month of November recording appreciations of 19.25%, 18.03%, 17.66%, 16.43%, 15.50% and 14.23% respectively within one month. As against this kind of rises, index between any two days in the month of November has only gone up by 3.72% clearly showing the superiority of scientific investment process and the sustainable model brought in by Vivekam to help investing community.
Scores of other companies have also appreciated significantly in this month even though index could not make much headway. Spotting the growing companies, assigning the fair values and identifying the undervalued growth companies has been the forte of Vivekam for the past several years. Vivekam is the only entity in marketplace which lists out all its choices on the website and leaves them undisturbed for the scrutiny of any inquisitive investor.
Instead of falling prey scamsters and be duped by them, one would do well by learning the art of investment based on scientific models of analysing the operating results of companies and spotting the undervalued growth stocks with proven methodology for a sustainable investment experience.