88.07 +0.25 (+0.28%) Sell

Joy for CHRW investors as it manages to marginally outperform broader market

13 min read

CHRW showed marginal outperformance today. On a longer term basis, investors in C H ROBINSON WORLDWIDE INC made -0.02% per day. Tuesday's performance of +0.28% was a outperformance compared to it's daily average.

[Themes containing CHRW]

Buy-and-Hold investors in CHRW experienced a maximum drawdown of -13.89% over the last three months. It fell by -10.62% during this strong bearish trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +3.34%.


CHRW has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 1 Aug, 2017 to 16 Apr, 2018. Over the last 2 years 11 months and 7 days, CHRW outperformed the SP500 index on 54% days.

During the last three months CHRW delivered profits on 50% days. However, it still managed to end this period in a loss. It's best return during this period (of +2.3%) was on Wednesday, 7 Nov, 2018. While it's worst loss in the same period (of -3.84%) was on Wednesday, 10 Oct, 2018. The longest stort-term trend during this period was 4 profitable days, which started on 29 Oct, 2018 and went on till 1 Nov, 2018. This bullish trend returned +5.36% to investors.

During the last year CHRW had 7 profitable months and 5 loss making months. CHRW returned profits in fewer months than SP500 index. CHRW was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -9.0% compared to -7.28% returned by SP500 index in Oct 2018. CHRW had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

It's pointless to set goals if you are not going to try to hit them.
-- Don Connelly

CHRW 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 CHRW's volatility from 2 Oct, 2018 to 2 Nov, 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 CHRW has significant positive skewness in it's return distribution. This indicates that investors can expect CHRW to recover from drawdowns quickly. Which makes CHRW 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 CHRW. Therefore, SP500 must receive a lower allocation than CHRW in your portfolio. CHRW usually has shorter drawdown period than the SP500 index.

On a general note (since you are interested in CHRW), AAXN is a small cap that deserves to be closely tracked for investment opportunities.

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