AEGN delivered stellar performance today. On a longer term basis, investors in AEGION CORP made +0.01% per day. Tuesday's performance of +2.92% was a significant outperformance compared to it's daily average.
AEGN showed a strong down trend over the last 3 months. During this period AEGN returned -25.26% and saw a maximum drawdown of -32.11%. There were 3 short signals during this period that returned a cumulative of +10.83% to investors.
AEGN has been underperforming the SP500 index in recent time, after having outperformed till 8 Dec, 2016. Over the last 2 years 11 months and 7 days, AEGN underperformed the SP500 index on 48% days. Which indicates that on days AEGN underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
AEGN returned losses on 55% days in the last three months. During this time, it delivered on average -0.42% per day. It delivered it's worst daily return of -15.27%, during this period, on Wednesday, 31 Oct, 2018. There was initially a bullish trend during this period which started on 25 Oct, 2018 and went on till 30 Oct, 2018. The bullish trend returned +5.16% to investors. This was followed by a bearish trend that started on 7 Nov, 2018 and ended on 14 Nov, 2018. This bearish trend lost -10.21% of investor capital.
On monthly basis, AEGN delivered losses in more months over the last year, than profits. AEGN delivered profits less regularly than SP500 index. AEGN was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -21.68% compared to -7.28% returned by SP500 index in Oct 2018. AEGN had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.
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AEGN is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in AEGN's volatility from 21 Sep, 2018 to 6 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 13 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that AEGN has significant positive skewness in it's return distribution. This indicates that investors can expect AEGN to recover from drawdowns quickly. Which makes AEGN a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Based on your interest in AEGN you may find it interesting to know that EPIX has shown remarkable performance and deserves to be on every investors' watchlist.
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