ACTUANT CORP

22.86 -0.12 (-0.52%) Sell

The party never started for ATU investors as it delivered massive losses

13 min read

ACTUANT CORP was among the worst performers today. It returned -0.52% to close at 22.86. It's recent 5 day performance has been -1.63%, -2.63%, -0.74%, -7.96% and +2.58%.

[Themes containing ATU]

ATU is currently in a down trend. Over the last three months 2 bearish signals have generated a profit of +10.31% for investors.

Trend

ATU has been underperforming the SP500 index in recent time, after having outperformed till 20 Jun, 2016. Over the last 2 years 11 months and 7 days, ATU underperformed the SP500 index on 48% days. Which indicates that on days ATU underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

ATU returned losses on 59% days in the last three months. During this time, it delivered on average -0.36% per day. It delivered it's worst daily return of -7.96%, during this period, on Tuesday, 4 Dec, 2018. There was initially a bullish trend during this period which started on 13 Sep, 2018 and went on till 20 Sep, 2018. The bullish trend returned +5.59% to investors. This was followed by a bearish trend that started on 4 Oct, 2018 and ended on 11 Oct, 2018. This bearish trend lost -12.3% of investor capital.

On monthly basis, ATU delivered losses in more months over the last year, than profits. ATU delivered profits less regularly than SP500 index. ATU significantly outperformed SP500 index in Jun 2018, when it returned +25.7% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ATU had a shorter streak of profitable months than SP500 index. It only went up in 2 straight months during the last year.

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ATU 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 ATU's volatility from 19 Sep, 2018 to 7 Dec, 2018. While there was a significant surge in the SP500 index's volatility from 13 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that ATU has significant positive skewness in it's return distribution. This indicates that investors can expect ATU to recover from drawdowns quickly. Which makes ATU a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in ATU you may find it interesting to know that VIPS and EPIX are highly volatile and therefore risky. Investors should consider limiting their exposure to these instruments (because of their volatile nature).

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