69.19 +0.56 (+0.82%) Buy

Don't profit book on AWR now, it delivered great returns

13 min read

AWR outperformed today. On a longer term basis, investors in AMERICAN STATES WATER CO made -0.05% per day. Friday's performance of +0.82% was a outperformance compared to it's daily average.

[Themes containing AWR]

AWR showed a strong bullish trend over the last 3 months. During this period AWR surged by +14.01% . There were 2 long signals during this period that returned a cumulative of +4.1% to investors.


AWR has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 9 Mar, 2017 to 14 Dec, 2018. One must note that AWR is currently at it's peak outperformance to the SP500 index which makes it a good investment candidate. Over the last 2 years 11 months and 10 days, AWR outperformed the SP500 index on 55% days.

AWR was profitable on 60% days in the last three months. During this time, it delivered on average +0.22% per day. It delivered it's best daily return of +3.29%, during this period, on Tuesday, 6 Nov, 2018. The longest stort-term trend during this period was 7 profitable days, which started on 6 Dec, 2018 and went on till 14 Dec, 2018. This bullish trend returned +5.01% to investors.

During the last year AWR had 9 profitable months and 3 loss making months. AWR returned profits in more months than SP500 index. AWR significantly outperformed SP500 index in Nov 2018, when it returned +9.57% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. AWR had a longer winning streak of profitable months than SP500 index. It went up in 9 straight months (from Apr 2018 to Dec 2018) during which period it delivered +30.5%. It is interesting to note that both AWR and SP500 index significantly outperform during months when quarterly/annual results are announced.

Happiness lies in the joy of achievement and the thrill of creative effort.
-- Franklin D. Roosevelt

AWR 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 AWR's volatility from 17 Sep, 2018 to 4 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 AWR has significant positive skewness in it's return distribution. This indicates that investors can expect AWR to recover from drawdowns quickly. Which makes AWR a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in AWR you may find it interesting to know that AYTU, SBOT and AMRH have all shown remarkable performance and qualify to be on every investor's watchlist.

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