{"id":2038761,"date":"2015-11-11T11:51:10","date_gmt":"2015-11-11T06:21:10","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2038761"},"modified":"2015-11-11T11:51:10","modified_gmt":"2015-11-11T06:21:10","slug":"samvat-2071-bulls-made-money-bears-made-money","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/11\/11\/samvat-2071-bulls-made-money-bears-made-money\/","title":{"rendered":"Samvat 2071: Bulls made money, Bears made money…"},"content":{"rendered":"

\"world.2014-10-27.2015-11-10\"<\/p>\n

Equities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Major<\/th>\n<\/tr>\n<\/thead>\n
DAX(DEU)<\/a><\/td>\n+21.68%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n+19.90%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n-1.39%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n+27.72%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n+6.16%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
JCI(IDN)<\/a><\/td>\n-11.40%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n+0.06%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n-25.16%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n+2.87%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
IBOV(BRA)<\/a><\/td>\n-8.68%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n+58.59%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n-2.61%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n+25.29%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n+10.24%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
\n
\n
\n

Commodities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n
Energy<\/th>\n<\/tr>\n<\/thead>\n
Ethanol<\/td>\n-15.34%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n-40.11%<\/span><\/td>\n<\/tr>\n
Natural Gas<\/td>\n-34.44%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n-45.96%<\/span><\/td>\n<\/tr>\n
Brent Crude Oil<\/td>\n-44.91%<\/span><\/td>\n<\/tr>\n
RBOB Gasoline<\/td>\n-37.32%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
Metals<\/th>\n<\/tr>\n<\/thead>\n
Palladium<\/td>\n-23.91%<\/span><\/td>\n<\/tr>\n
Gold 100oz<\/td>\n-11.43%<\/span><\/td>\n<\/tr>\n
Copper<\/td>\n-27.92%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n-27.90%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n-15.79%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:+18.07% <\/span> USDJPY<\/a>:+14.13% <\/span><\/p>\n

\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
USDIDR(IDN)<\/a><\/td>\n+12.05%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n+23.36%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n+20.74%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n+30.43%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
USDBRL(BRA)<\/a><\/td>\n+48.29%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n+4.03%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n+8.17%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n+52.65%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n+30.19%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Agricultural<\/th>\n<\/tr>\n<\/thead>\n
Feeder Cattle<\/td>\n-27.98%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n-23.89%<\/span><\/td>\n<\/tr>\n
Coffee (Arabica)<\/td>\n-39.01%<\/span><\/td>\n<\/tr>\n
Corn<\/td>\n-0.96%<\/span><\/td>\n<\/tr>\n
Lean Hogs<\/td>\n-39.92%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n-13.54%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n-8.29%<\/span><\/td>\n<\/tr>\n
Cocoa<\/td>\n+16.12%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n-2.18%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n-22.16%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n-5.69%<\/span><\/td>\n<\/tr>\n
Cattle<\/td>\n-24.30%<\/span><\/td>\n<\/tr>\n
Coffee (Robusta)<\/td>\n-21.21%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n+8.52%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n-8.77%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

International ETFs (USD)<\/h3>\n

\"global.etf.performance.2014-10-27.2015-11-10\"<\/p>\n

Index Returns<\/h3>\n

\"index.performance.2014-10-27.2015-11-10\"<\/p>\n

Market Cap Decile Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Decile<\/th>\nMkt. Cap.<\/th>\nAdv\/Decl<\/th>\n<\/tr>\n<\/thead>\n
1 (micro)<\/td>\n+29.48%<\/span><\/td>\n79\/55<\/td>\n<\/tr>\n
2<\/td>\n+42.65%<\/span><\/td>\n76\/58<\/td>\n<\/tr>\n
3<\/td>\n+11.26%<\/span><\/td>\n64\/70<\/td>\n<\/tr>\n
4<\/td>\n+19.62%<\/span><\/td>\n72\/61<\/td>\n<\/tr>\n
5<\/td>\n+15.77%<\/span><\/td>\n66\/68<\/td>\n<\/tr>\n
6<\/td>\n+18.22%<\/span><\/td>\n72\/62<\/td>\n<\/tr>\n
7<\/td>\n+13.38%<\/span><\/td>\n71\/62<\/td>\n<\/tr>\n
8<\/td>\n+15.21%<\/span><\/td>\n72\/62<\/td>\n<\/tr>\n
9<\/td>\n+11.70%<\/span><\/td>\n73\/61<\/td>\n<\/tr>\n
10 (mega)<\/td>\n+5.37%<\/span><\/td>\n79\/55<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nMost of the action was in the mid-and-small cap arena. Lot of dispersion, lot of good opportunities…\n<\/div>\n<\/div>\n

ETF Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
JUNIORBEES<\/a><\/td>\n+13.87%<\/span><\/td>\n<\/tr>\n
BANKBEES<\/a><\/td>\n+1.48%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n-2.09%<\/span><\/td>\n<\/tr>\n
GOLDBEES<\/a><\/td>\n-5.69%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n-15.20%<\/span><\/td>\n<\/tr>\n
PSUBNKBEES<\/a><\/td>\n-15.91%<\/span><\/td>\n<\/tr>\n
CPSEETF<\/a><\/td>\n-18.37%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nThe private sector created wealth and the public sector destroyed it.\n<\/div>\n<\/div>\n

Yield Curve<\/h3>\n

\"yieldCurve.2014-10-27.2015-11-10\"<\/p>\n

Bond Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Sub Index<\/th>\nChange in YTM<\/th>\nTotal Return(%)<\/th>\n<\/tr>\n<\/thead>\n
0 5<\/td>\n-0.83<\/span><\/td>\n+10.59%<\/span><\/td>\n<\/tr>\n
5 10<\/td>\n-0.65<\/span><\/td>\n+12.11%<\/span><\/td>\n<\/tr>\n
10 15<\/td>\n-0.62<\/span><\/td>\n+13.39%<\/span><\/td>\n<\/tr>\n
15 20<\/td>\n-0.62<\/span><\/td>\n+14.29%<\/span><\/td>\n<\/tr>\n
20 30<\/td>\n-0.63<\/span><\/td>\n+14.97%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nRaghuram Rajan magic: low inflation + falling rates = bond investor jackpot!\n<\/div>\n<\/div>\n

Investment Theme Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Momentum<\/a><\/td>\n+58.79%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n+50.19%<\/span><\/td>\n<\/tr>\n
Next Trillion<\/a><\/td>\n+24.91%<\/span><\/td>\n<\/tr>\n
Quality to Price<\/a><\/td>\n+16.65%<\/span><\/td>\n<\/tr>\n
Low Volatility<\/a><\/td>\n+15.52%<\/span><\/td>\n<\/tr>\n
ASK Life<\/a><\/td>\n+13.12%<\/span><\/td>\n<\/tr>\n
Magic Formula<\/a><\/td>\n+9.28%<\/span><\/td>\n<\/tr>\n
Balance Sheet Strength<\/a><\/td>\n+5.34%<\/span><\/td>\n<\/tr>\n
Enterprise Yield<\/a><\/td>\n+3.63%<\/span><\/td>\n<\/tr>\n
Tactical CNX 100<\/a><\/td>\n+2.73%<\/span><\/td>\n<\/tr>\n
High Beta<\/a><\/td>\n-24.19%<\/span><\/td>\n<\/tr>\n
ADAG stocks<\/a><\/td>\n-26.44%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nAnd what a momentum driven market it was. In hindsight, it was a long momentum, short high-beta market. Will momentum continue into Samvat 2072?\n<\/div>\n<\/div>\n

Equity Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
Birla Sun Life MNC Fund-Plan B (Growth)<\/a><\/td>\n+36.08%<\/span><\/td>\n<\/tr>\n
SBI Smal & Midcap – Regular Plan – Growth<\/a><\/td>\n+35.54%<\/span><\/td>\n<\/tr>\n
DSP BlackRock Micro Cap Fund – Regular – Growth<\/a><\/td>\n+27.21%<\/span><\/td>\n<\/tr>\n
MOSt Focused Midcap 30-Regular Plan-Growth Option<\/a><\/td>\n+26.46%<\/span><\/td>\n<\/tr>\n
Escorts High Yield Equity Plan – Growth Option<\/a><\/td>\n+26.08%<\/span><\/td>\n<\/tr>\n
UTI – MNC Fund (UGS 10000)-Growth Option<\/a><\/td>\n+25.63%<\/span><\/td>\n<\/tr>\n
MOSt Focused Multicap 35-Regular Plan-Growth Option<\/a><\/td>\n+24.54%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
DSP BlackRock World Energy Fund – Regular Plan – Growth<\/a><\/td>\n-7.79%<\/span><\/td>\n<\/tr>\n
SBI PSU Fund – REGULAR PLAN -Growth<\/a><\/td>\n-12.66%<\/span><\/td>\n<\/tr>\n
Sundaram Growth Fund-Growth<\/a><\/td>\n-12.70%<\/span><\/td>\n<\/tr>\n
Baroda Pioneer PSU Equity Fund- Plan A – Growth Option<\/a><\/td>\n-16.55%<\/span><\/td>\n<\/tr>\n
DSP BlackRock World Gold Fund – Regular Plan – Growth<\/a><\/td>\n-21.32%<\/span><\/td>\n<\/tr>\n
Mirae Asset Global Commodity Stocks – Growth Option<\/a><\/td>\n-27.90%<\/span><\/td>\n<\/tr>\n
DSP BlackRock World Mining Fund – Regular Plan – Growth<\/a><\/td>\n-35.72%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Bond Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
JPMorgan India Government Securities Fund – Regular Plan – Growth Option<\/a><\/td>\n+16.00%<\/span><\/td>\n<\/tr>\n
SBI MAGNUM GILT FUND – LONG TERM – REGULAR PLAN – GROWTH<\/a><\/td>\n+14.73%<\/span><\/td>\n<\/tr>\n
BNP Paribas Government Securities Fund – Growth<\/a><\/td>\n+14.40%<\/span><\/td>\n<\/tr>\n
L&T Gilt Fund-Growth<\/a><\/td>\n+14.33%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Very Cautious – Regular Plan – Growth<\/a><\/td>\n+13.67%<\/span><\/td>\n<\/tr>\n
UTI – GILT ADVANTAGE-LONG TERM-GROWTH<\/a><\/td>\n+13.56%<\/span><\/td>\n<\/tr>\n
IDFC GSF-Provident Fund-Regular Plan-Growth<\/a><\/td>\n+13.26%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
Franklin India Banking & PSU Debt Fund – Growth<\/a><\/td>\n+8.70%<\/span><\/td>\n<\/tr>\n
L&T Triple Ace Bond Fund-Growth Plan<\/a><\/td>\n+8.60%<\/span><\/td>\n<\/tr>\n
DWS Premier Bond Fund – Regular Plan-\/-Growth Plan<\/a><\/td>\n+8.27%<\/span><\/td>\n<\/tr>\n
JM Short Term Fund..-Growth Plan<\/a><\/td>\n+8.23%<\/span><\/td>\n<\/tr>\n
PEERLESS FLEXIBLE INCOME FUND-GROWTH<\/a><\/td>\n+7.73%<\/span><\/td>\n<\/tr>\n
DWS Inflation Indexed Bond Fund- Regular Plan- Growth<\/a><\/td>\n+2.64%<\/span><\/td>\n<\/tr>\n
HDFC Inflation Indexed Bond Fund – Regular Growth<\/a><\/td>\n+2.57%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Thoughts<\/h3>\n

The only way an investor would have not made decent returns in Samvat 2071 is if one:<\/p>\n

    \n
  1. Invested in the NIFTY ETF – Active management doesn’t work!<\/em><\/li>\n
  2. Invested based on macro – Taper Tantrum! Will RBI cut rates tomorrow?!<\/em><\/li>\n
  3. Invested based on financial television – Price-Volume Breakout! The pundit octa-box!<\/em><\/li>\n
  4. Invested based on tips – Call from Indore: Aap trading karti?<\/em><\/li>\n
  5. Invested based on emotions – Oh My God! The market is crashing! Sell! The market is shooting up! Buy!<\/em><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    Equities Major DAX(DEU) +21.68% CAC(FRA) +19.90% UKX(GBR) -1.39% NKY(JPN) +27.72% SPX(USA) +6.16% MINTs JCI(IDN) -11.40% INMEX(MEX) +0.06% NGSEINDX(NGA) -25.16% XU030(TUR) +2.87% BRICS IBOV(BRA) -8.68% SHCOMP(CHN) +58.59% NIFTY(IND) -2.61% INDEXCF(RUS) +25.29% TOP40(ZAF) +10.24% Commodities Energy Ethanol -15.34% Heating Oil -40.11% Natural Gas -34.44% WTI Crude Oil -45.96% Brent Crude Oil -44.91% RBOB Gasoline -37.32% Metals Palladium … <\/p>\n","protected":false},"author":2,"featured_media":2038771,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[3601,3611],"class_list":["post-2038761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-your-money","tag-diwali","tag-samvat-2071","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2038761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2038761"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2038761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2038771"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2038761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2038761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2038761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}