65.47 -3.11 (-4.74%) Buy

Search for alternative investments is on for CHD investors as it ranked worse than it's peers

13 min read

CHURCH & DWIGHT CO INC is a falling knife that can bleed you if you catch it on Monday. It delivered -4.74% to close at 65.47. On a day when the overall market breadth was 34%, it closed higher than 8% of the market. In comparison, the benchmark SP500 index closed today at -0.0191%.

[Themes containing CHD]

CHD is currently in a bullish trend. Over the last three months 3 bullish signals in CHD have generated a profit of +6.21% for investors.


CHD has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 2 Feb, 2018 to 14 Dec, 2018. One must note that CHD 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, CHD outperformed the SP500 index on 52% days.

During the last three months CHD was mostly profitable and delivered on average +0.19% per day. It's best return during this period (of +9.26%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -5.82%) was on Wednesday, 10 Oct, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 12 Oct, 2018 and went on till 19 Oct, 2018. This bullish trend returned +9.59% to investors.

The last 12 months saw CHD's investors making profits in 9 months and incurring losses in 3 months. During the last year, CHD delivered profits in more months than SP500 index. CHD significantly outperformed SP500 index in Jun 2018, when it returned +13.23% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. CHD had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year.

Fortune sides with him who dares.
-- Virgil

CHD 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 CHD's volatility from 1 Oct, 2018 to 1 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that CHD has significant positive skewness in it's return distribution. This indicates that investors can expect CHD to recover from drawdowns quickly. Which makes CHD 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 CHD. Therefore, SP500 must receive a lower allocation than CHD in your portfolio. SP500 index usually has shorter drawdown period than CHD.

On a general note (since you are interested in CHD), if you are evaluating CHD as an investment candidate, then you should read about ANAT which has delivered similar performance and can help diversify your portfolio.

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
Symbol Price {{retType}} | Tr.
{{detail.symbol}} {{detail.close}} {{detail.priceChange}}  {{detail.pctChange}}%  {{}} {{detail.trend}} 
If you liked what you read here ...

... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.

All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.

We want to empower investors with all the tools and analysis required by them to make a rational investment decision.

If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute
Share with friends   WhatsApp   Facebook   Twitter