AMEDISYS INC

124.24 -5.14 (-4.14%) Buy

AMED investors looking to cut their losses short

13 min read

AMEDISYS INC delivered massive losses on Friday. It fell by -4.14% to close at 124.24. It is currently trading +145% above it's 52 week low of 50.51 and is down only -11% from it's 52 week high.

[Themes containing AMED]

AMED is currently in a bullish trend. Over the last three months 2 bullish signals in AMED have generated a profit of +3.79% for investors.

Trend

AMED has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 5 Feb, 2016 to 3 Dec, 2018. Over the last 2 years 11 months and 10 days, AMED outperformed the SP500 index on 54% days.

AMED was profitable on 58% days in the last three months. During this time, it delivered on average +0.12% per day. It delivered it's best daily return of +14.16%, during this period, on Tuesday, 30 Oct, 2018. The longest stort-term trend during this period was 8 profitable days, which started on 21 Nov, 2018 and went on till 3 Dec, 2018. This bullish trend returned +18.69% to investors.

During the last year AMED had 8 profitable months and 4 loss making months. Profitable number of months of AMED and SP500 index were the same. AMED significantly outperformed SP500 index in Aug 2018, when it returned +33.51% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. AMED had a longer winning streak of profitable months than SP500 index. It went up in 7 straight months (from Feb 2018 to Aug 2018) during which period it delivered +90.05%.

I always said that if I wasn't studying psychopaths in prison, I'd do it at the stock exchange.
-- Robert D. Hare

AMED is currently seeing overall increase in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in AMED's volatility from 18 Sep, 2018 to 1 Nov, 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 AMED has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.

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

Based on your interest in AMED you may find it interesting to know that I and HEAR have both shown remarkable performance this year and deserve to be on every investors' watchlist.

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