Relative Returns Monthly Update - January
Through the following image, we can see different trends seen in various sectors over the past 4-5 weeks.
The number represents the number of stocks in the particular sector outperforming the Nifty500 Index for a quarter. Analyzing this helps us understand where institutional money is flowing currently and which sector is acting as a laggard. A rising number of stocks represent, more stocks from the same sector outperforming the index, showcasing the outperformance of that sector.
In a sideways market, when the index can go around nowhere for 2 years, this can support bringing that extra alpha to the portfolio.
**Not an investment advice
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