CHENIERE ENERGY PARTNERS, L.P.

36.84 0.0 (0.0%) Buy

CQP investors not showing any loss of confidence as it pauses to catch its breath

13 min read

CHENIERE ENERGY PARTNERS, L.P. delivered lacklustre performance on Tuesday. It lost 0.0% to close at 36.84. It is currently trading +33% above it's 52 week low of 27.56 and is down only -7% from it's 52 week high.

[Themes containing CQP]

Buy-and-Hold investors in CQP experienced a maximum drawdown of -17.49% over the last three months. It lost -4.21% during this down 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 +0.83%.

Trend

CQP has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 7 days, CQP outperformed the SP500 index on 50% days. Which indicates that on days CQP outperforms the SP500 index, it's performance is marginally better than on the days it underperforms the SP500 index.

CQP returned losses on 52% days in the last three months. During this time, it delivered on average -0.05% per day. It delivered it's best daily return of +6.63%, during this period, on Thursday, 15 Nov, 2018. There was initially a bearish trend during this period which started on 10 Oct, 2018 and went on till 15 Oct, 2018. The trend delivered -7.75% losses to investors. This was followed by a bullish trend that started on 5 Nov, 2018 and ended on 9 Nov, 2018. This bullish trend delivered +6.34% to investors.

CQP had 6 profitable and 6 loss making months over the last year. During the last year, CQP underperformed SP500 index on monthly return basis. CQP was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -15.44% compared to -7.28% returned by SP500 index in Oct 2018. CQP had a shorter streak of profitable months than SP500 index. It only went up in 2 straight months during the last year. It is interesting to note that both CQP and SP500 index significantly outperform during months when quarterly/annual results are announced.

Try to save something while your salary is small; It's impossible to save after you begin to earn more.
-- Jack Benny

CQP is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in CQP's volatility from 5 Oct, 2018 to 15 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 CQP 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 CQP. Therefore, SP500 must receive a lower allocation than CQP in your portfolio. SP500 index usually has shorter drawdown period than CQP.

Based on your interest in CQP you may find it interesting to know that AMD, TWTR and ABMD are mid caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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