Tag Archives: alpha

Alpha.India – The Grasim case

By Orpheus | Published: 16 May, 2010
Grasim was at the top of rankings on Jan 21 when we said it will underperform. What happened? The stock continued to underperform and pushed lower in rankings as anticipated. Now it reached the bottom of the list. Top to bottom, the journey took nearly 5 months. A week after Jan 21, we were talking [...]
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Alpha.India – Long Nifty, short ACC up 11%

By Orpheus | Published: 9 May, 2010
We illustrated here our top three pairs which are running positive performances. Long Nifty – short Grasim, short Grasim – long L&T and long Nifty – short ACC are up 7%, 10% and 11%, respectively. As we anticipated a few weeks back, Grasim and ACC continue to underperform against Nifty. We are also keeping a [...]
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Alpha.India – long Nifty, short Sun

By Orpheus | Published: 2 May, 2010
We have been illustrating SUN as a top ranking potential underperformer. Finally the stock is witnessing some negativity and now that the performance cycles are dipping the second time, we expect SUN to deliver a clear underperformance against Nifty. We have seen a similar whipsaw in Tisco – Sterlite. Tisco performance cycles have turned lower. [...]
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Alpha.India: Short Nifty-long Maruti, long Nifty – short Hero Honda pairs begin

By Orpheus | Published: 25 April, 2010
We have two new signals in the case of the Short Nifty – Long Maruti and Long Nifty – Short Hero Honda pairs, illustrated here along with the respective performance cycles. The Maruti – M&M pair hit a stop loss. ACC continues to underperform against Nifty and has already delivered 11% gains in 41 days. [...]
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Alpha.India – Anticipated Grasim underperformance Happens

By Orpheus | Published: 18 April, 2010
Grasim had been the top potential underperformer stock for a while till it was dethroned by Hero Honda last week. As anticipated, Grasim continued to underperform and push to lower rankings. We illustrated here two cases of Grasim against L&T and Nifty along with the respective performance cycles, which have topped and suggest further underperformance [...]
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Alpha.India – Tisco vs. Sterlite; Bhel vs. ACC

By Orpheus | Published: 11 April, 2010
We illustrated here two of our running pairs along with the respective performance cycles. The Short Tisco – Long Sterlite pair started on 23 Mar and it seems to be pushing back to the positive zone now as cycles continue to suggest further underperformance of Tisco against Sterlite. Short Bhel – Long Acc is a [...]
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Alpha India: HDBK – ICBK, Tisco – Sterlite anticipated reversals Happen

By Orpheus | Published: 4 April, 2010
We mentioned last time that the HDBK – ICBK and Tisco – Sterlite pairs are on our list for a potential reversal. Both anticipated reversals happened and now we have fresh signals in the case of Long HDBK – Short ICBK and Long Sterlite – Short Tisco pairs. We currently have 11 Long – Short [...]
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Alpha.India – Grasim, L&T polarity reversal is here

By Orpheus | Published: 28 March, 2010
In our last Alpha.India update, we initiated the long Nifty – short ACC pair which has brought gains over 7% since then. We mentioned that the long Nifty – short Tata Motors pair seems ready to restart and it did. We also mentioned that the HDBK – ICBK performance polarity might reverse. It reversed after [...]
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Alpha.India – Long Nifty, Short ACC begins

By Orpheus | Published: 21 March, 2010
BHEL negativity is visible through the pair performance on long Nifty- short BHEL and BHEL underperformance against ACC. Both pairs are positive as BHEL continues to underperform. SBI-HDFC pair also continues, as HDFC outperforms SBI by near 10%. The current fresh pairs are long Nifty – short Infosys, long Nifty – short ACC (both are [...]
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Alpha India updated

By Orpheus | Published: 14 March, 2010
Performance cycles I Performance cycles II ALPHA is a pair trading, long only – short only strategy and Numeric Ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and [...]
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