Quote on Market by Karthick Jonagadla, smallcase Manager and Founder, Quantace Research
Below the Quote on Market by Karthick Jonagadla, smallcase Manager and Founder, Quantace Research
“The recent market plunge, with the Sensex dropping 2,700 points, underscores the importance of long-term investing. Historical data shows that large-cap forward-looking returns improve significantly over time. In 6 months, the average forward return is 8.3% with a 73.2% winning chance. Over 1 year, returns increase to 15.8% with a 73.8% chance. At 2 years, returns jump to 30.7% with an 81.8% chance. By 3 years, the return is 44.2% with a 95.1% chance, and over 4 years, it reaches 55.9% with a 96.3% chance. This data highlights the benefits of patience and a long-term perspective in the market.”
Above views are of the author and not of the website kindly read disclaimer
Tag News
Traders are advised to exit longs on consecutive closes below 23,600 - Tradebulls Securities...
More News
Morning market Quote : Market is likely to consolidate after the run up in the first half of...