ALEXANDRIA REAL ESTATE EQUITIES INC was among the worst performers today. It fell by -0.72% to close at 126.17. It's recent 5 day performance has been +2.87%, -1.87%, +1.12%, +1.73% and -1.48%.
ARE showed a flat trend over the last 3 months. During this period ARE delivered -0.96% and saw a maximum drawdown of -6.43%. There was a short signal during this period which returned +0.24%.
ARE has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 17 Feb, 2016 to 26 Sep, 2016. Over the last 2 years 11 months and 3 days, ARE outperformed the SP500 index on 53% days.
During the last three months ARE delivered profits on 50% days. However, it still managed to end this period in a loss. It's best return during this period (of +2.87%) was on Thursday, 6 Dec, 2018. While it's worst loss in the same period (of -3.95%) was on Thursday, 11 Oct, 2018. The longest stort-term trend during this period was 4 losing days, which started on 8 Nov, 2018 and ended on 13 Nov, 2018. This bearish trend lost -1.6% of investor capital.
During the last year ARE had 8 profitable months and 4 loss making months. Profitable number of months of ARE and SP500 index were the same. ARE was also a less risky investment than SP500 index as it's worst month in the last year, Feb 2018, returned -6.47% compared to -7.28% returned by SP500 index in Oct 2018. ARE and SP500 index, both had periods of 6 consecutive profitable months.
It's how you deal with failure that determines how you achieve success.
-- David Feherty
ARE 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 ARE's volatility from 13 Sep, 2018 to 30 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 ARE has significant positive skewness in it's return distribution. This indicates that investors can expect ARE to recover from drawdowns quickly. Which makes ARE a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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