Why is Onelife Capital falling/rising?

As of 02-Jul, Onelife Capital Advisors Ltd is experiencing a price increase, currently at 14.49, reflecting a change of 0.49 or 3.5% upward. The stock has shown strong performance recently, with a consecutive gain over the last three days, resulting in a total return of 10.19% during this period. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 12.71% and a one-year drop of 19.01%. The company's operating losses and weak long-term fundamentals, including a negative EBITDA and a significant portion of promoter shares being pledged, contribute to a risky investment profile, which may temper investor enthusiasm despite recent gains.
In the broader market context, Onelife Capital's short-term return of 0.76% over the past week slightly lags behind the Sensex, which has returned 0.79% in the same timeframe. While the stock has outperformed its sector by 4.73% today, its long-term performance remains concerning, particularly given the overall market's positive return of 6.75% year-to-date. The stark contrast between the stock's negative long-term growth and the market's positive trajectory highlights the challenges Onelife Capital faces, suggesting that while there may be short-term upward movement, the underlying fundamentals could lead to continued volatility and caution among investors.