CHICOS FAS INC was among the worst performers today. It returned -3.2% to close at 5.74. It's recent 5 day performance has been +2.24%, -2.36%, +2.77%, -1.37% and +8.52%.
CHS is currently in a down trend. The current bearish signal has generated a profit of +32.31% for investors in the last three months.
CHS has been underperforming the SP500 index in recent time, after having outperformed till 9 Dec, 2016. Over the last 2 years 11 months and 7 days, CHS underperformed the SP500 index on 48% days. Which indicates that on days CHS underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
CHS returned losses on 55% days in the last three months. During this time, it delivered on average -0.46% per day. It delivered it's worst daily return of -34.56%, during this period, on Wednesday, 28 Nov, 2018. There was initially a bearish trend during this period which started on 4 Oct, 2018 and went on till 9 Oct, 2018. The trend delivered -4.72% losses to investors. This was followed by a bullish trend that started on 22 Oct, 2018 and ended on 25 Oct, 2018. This bullish trend delivered +10.08% to investors.
On monthly basis, CHS delivered profits and losses in equal number of months. CHS delivered profits less regularly than SP500 index. CHS was also a more risky investment than SP500 index as it's worst month in the last year, Nov 2018, returned -29.6% compared to -7.28% returned by SP500 index in Oct 2018. CHS had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Sep 2018 to Nov 2018) during which period it delivered -45.03%. It is interesting to note that both CHS and SP500 index significantly outperform during months when quarterly/annual results are announced.
Let him who would enjoy a good future waste none of his present.
-- Roger Babson
CHS 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 CHS's volatility from 19 Sep, 2018 to 28 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 CHS has significant positive skewness in it's return distribution. This indicates that investors can expect CHS to recover from drawdowns quickly. Which makes CHS a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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