52.08 +0.26 (+0.5%) Buy

Looking to invest in AGR? Consider at the moment as it ranked among the best performers

13 min read

AVANGRID, INC. ranked among the best performers today. It delivered +0.5% to close at 52.08. It's recent 5 day performance has been +2.05%, -0.18%, +0.97%, +1.68% and +0.51%.

[Themes containing AGR]

AGR showed a bullish trend over the last 3 months. During this period AGR delivered +4.81% and saw a maximum drawdown of -7.45%. There was a long signal during this period which returned +3.89%.


AGR has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 5 Jul, 2016 to 3 Oct, 2018. Over the last 2 years 11 months and 3 days, AGR outperformed the SP500 index on 52% days.

During the last three months AGR was mostly profitable and delivered on average +0.08% per day. It's best return during this period (of +2.33%) was on Wednesday, 24 Oct, 2018. While it's worst loss in the same period (of -2.68%) was on Wednesday, 3 Oct, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 15 Oct, 2018 and went on till 22 Oct, 2018. This bullish trend returned +5.33% to investors.

During the last year AGR had 5 profitable months and 7 loss making months. AGR returned profits in fewer months than SP500 index. AGR significantly outperformed SP500 index in Nov 2018, when it returned +7.17% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. AGR had a longer winning streak of losing months than SP500 index. It went down in 5 straight months (from Jun 2018 to Oct 2018) during which period it delivered -11.66%.

Buy when everyone else is selling and hold until everyone else is buying. That's not just a catchy slogan. It's the very essence of successful investing.
-- J. Paul Getty

AGR is currently seeing overall fall in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in AGR's volatility from 13 Sep, 2018 to 29 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 10 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that AGR has significant positive skewness in it's return distribution. This indicates that investors can expect AGR to recover from drawdowns quickly. Which makes AGR a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

SP500 index has more chance of extreme outcomes than AGR. Therefore, SP500 must receive a lower allocation than AGR in your portfolio. SP500 index usually has shorter drawdown period than AGR.

Based on your interest in AGR you may find it interesting to know that DNKN, CHKP and ~WATER have all performed similar to AGR and qualify as alternative investment candidates that must be evaluated for diversification.

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
Symbol Price {{retType}} | Tr.
{{detail.symbol}} {{detail.close}} {{detail.priceChange}}  {{detail.pctChange}}%  {{detail.name}} {{detail.trend}} 
If you liked what you read here ...

... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.

All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.

We want to empower investors with all the tools and analysis required by them to make a rational investment decision.

If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute
Share with friends   WhatsApp   Facebook   Twitter