87.71 -2.05 (-2.34%) Buy

CDW investors looking to cut their losses short

13 min read

CDW CORP was among the worst performers today. It delivered -2.34% to close at 87.71. It's recent 5 day performance has been -1.9%, +0.84%, +0.19%, -0.94% and -4.25%.

[Themes containing CDW]

CDW is currently in a bullish trend. The previous long signal in CDW has not been profitable for investors in general. If you are invested in CDW at current levels please make sure that your allocation is limited and that your portfolio is well diversified.


CDW has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 2 May, 2016 to 6 Dec, 2018. Over the last 2 years 11 months and 10 days, CDW outperformed the SP500 index on 55% days.

CDW returned losses on 54% days in the last three months. During this time, it delivered on average 0.0% per day. It delivered it's best daily return of +12.15%, during this period, on Wednesday, 31 Oct, 2018. The longest stort-term trend during this period was 4 profitable days, which started on 28 Nov, 2018 and went on till 3 Dec, 2018. This bullish trend returned +7.9% to investors.

The last 12 months saw CDW's investors making profits in 9 months and incurring losses in 3 months. During the last year, CDW delivered profits in more months than SP500 index. CDW significantly outperformed SP500 index in May 2018, when it returned +12.29% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. CDW had a longer winning streak of profitable months than SP500 index. It went up in 8 straight months (from Apr 2018 to Nov 2018) during which period it delivered +29.72%. It is interesting to note that both CDW and SP500 index significantly outperform during months when quarterly/annual results are announced.

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CDW 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 CDW's volatility from 28 Sep, 2018 to 31 Oct, 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 CDW 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 CDW. Therefore, SP500 must receive a lower allocation than CDW in your portfolio. SP500 index usually has shorter drawdown period than CDW.

Based on your interest in CDW you may find it interesting to know that AMD is a mid cap that has shown remarkable performance and deserves to be on every investors' watchlist.

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