ASPEN INSURANCE HOLDINGS LTD

41.9 -0.01 (-0.02%) Sell

Search for alternative investments is on for AHL investors as it ranked worse than it's peers

13 min read

ASPEN INSURANCE HOLDINGS LTD trailed the broader market on Friday. It returned -0.02% to close at 41.9. On a day when the overall market breadth was 35%, it closed higher than 16% of the market. In comparison, the benchmark SP500 index closed today at -0.0191%.

[Themes containing AHL]

Buy-and-Hold investors in AHL experienced a maximum drawdown of -2.26% over the last three months. It gained +1.45% during this up trending period. There were both Long and Short signals during this period, while the long signals were marginally more profitable than the short signals. The net profit from Long signals was +0.41%.

Trend

AHL has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 10 days, AHL underperformed the SP500 index on 51% days.

AHL returned losses on 51% days in the last three months. During this time, it delivered on average +0.02% per day. It delivered it's worst daily return of -0.88%, during this period, on Monday, 12 Nov, 2018. There was initially a bullish trend during this period which started on 17 Sep, 2018 and went on till 20 Sep, 2018. The bullish trend returned +0.6% to investors. This was followed by a bearish trend that started on 8 Nov, 2018 and ended on 14 Nov, 2018. This bearish trend lost -2.27% of investor capital.

On monthly basis, AHL delivered profits and losses in equal number of months. AHL delivered profits less regularly than SP500 index. AHL significantly outperformed SP500 index in Mar 2018, when it returned +23.21% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. AHL had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

"Finance is not merely about making money. It's about achieving our deep goals and protecting the fruits of our labor. It's about stewardship and, therefore, about achieving the good society.

AHL is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in AHL's volatility from 7 Nov, 2018 to 27 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.

SP500 index has more chance of extreme outcomes than AHL. Therefore, SP500 must receive a lower allocation than AHL in your portfolio.

On a general note (since you are interested in AHL), two instruments that deserve special mention are APRN and AMRH. They have significantly outperformed the overall market.

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