ANDINA BOTTLING CO INC (FOREIGN)

22.7 -0.2 (-0.87%) Buy

Search for alternative investments is on for AKOB investors as it underperforms broader market

13 min read

ANDINA BOTTLING CO INC (Foreign) was among the worst performers on Friday. It delivered -0.87% to close at 22.7. 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 AKOB]

AKOB is currently in a bullish trend. Over the last three months Buy-and-Hold has been a better strategy (returning +0.04%) for AKOB's investors than trading long signals.

Trend

AKOB has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 20 Apr, 2018 to 5 Sep, 2018. Over the last 2 years 11 months and 10 days, AKOB underperformed the SP500 index on 51% days.

AKOB returned losses on 54% days in the last three months. During this time, it delivered on average +0.02% per day. It delivered it's best daily return of +5.5%, during this period, on Monday, 1 Oct, 2018. The longest stort-term trends during this period were 4 profitable and losing days. The bullish trend (which returned +4.26%) started on 31 Oct, 2018 and went on till 5 Nov, 2018 while the bearish trend (which returned -4.68%) started on 2 Oct, 2018 and went on till 5 Oct, 2018.

The last 12 months saw AKOB's investors making profits in 5 months and incurring losses in 7 months. AKOB was less consistent in delivering monthly returs than SP500 index. AKOB was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -14.4% compared to -7.28% returned by SP500 index in Oct 2018. AKOB had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Aug 2018 to Oct 2018) during which period it delivered -22.79%.

The art and culture that is New York, communications, finance, all these things help make up New York. The rest of the country should be happy that we are what we are.
-- David Dinkins

AKOB 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 AKOB's volatility from 24 Sep, 2018 to 25 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that AKOB has significant negative skewness in it's return distribution. This indicates that AKOB is very risky for short-term investment and can significantly underperform for long durations.

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

Based on your interest in AKOB you may find it interesting to know that SQ is a mid cap that has shown remarkable performance and deserves to be on every investors' watchlist.

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