30.53 -0.3 (-0.97%) Sell

ANDE investors disappointed by market underperformance

13 min read

ANDERSONS, INC. ranked among the worst performers today. It returned -0.97% to close at 30.53. It's recent 5 day performance has been -1.82%, +1.26%, +0.16%, +0.13% and -1.72%.

[Themes containing ANDE]

ANDE is currently in a down trend. The current bearish signal has generated a profit of +20.6% for investors in the last three months.


ANDE has been underperforming the SP500 index in recent time, after having outperformed till 30 Dec, 2016. Over the last 2 years 11 months and 10 days, ANDE underperformed the SP500 index on 47% days. Which indicates that on days ANDE underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months ANDE was mostly loss making and delivered on average -0.36% per day. It's best return during this period (of +4.29%) was on Thursday, 8 Nov, 2018. While it's worst loss in the same period (of -11.89%) was on Tuesday, 6 Nov, 2018. There was initially a bearish trend during this period which started on 21 Sep, 2018 and went on till 27 Sep, 2018. The trend delivered -4.44% losses to investors. This was followed by a bullish trend that started on 21 Nov, 2018 and ended on 28 Nov, 2018. This bullish trend delivered +5.47% to investors.

On monthly basis, ANDE delivered profits and losses in equal number of months. ANDE delivered profits less regularly than SP500 index. ANDE significantly outperformed SP500 index in Aug 2018, when it returned +15.89% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ANDE had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from Sep 2018 to Dec 2018) during which period it delivered -26.72%. It is interesting to note that both ANDE and SP500 index significantly outperform during months when quarterly/annual results are announced.

If you would be wealthy, think of saving as well as getting.
-- Benjamin Franklin

ANDE 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 ANDE's volatility from 17 Sep, 2018 to 11 Dec, 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 ANDE 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 ANDE. Therefore, SP500 must receive a lower allocation than ANDE in your portfolio. SP500 index usually has shorter drawdown period than ANDE.

On a general note (since you are interested in ANDE), three instruments that deserve special mention are I, ECYT and NFEC. They have all outperformed the market and must be closely watched for investment opportunities.

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