CISCO SYSTEMS, INC. delivered massive losses today. It lost -0.32% to close at 44.06. It's recent 5 day performance has been -3.54%, -3.48%, +0.11%, +0.7% and +0.49%.
CSCO showed a down trend over the last 3 months. During this period CSCO lost -6.81% and saw a maximum drawdown of -10.79%. There was a short signal during this period which returned +0.14%.
During the last three months CSCO was mostly loss making and delivered on average -0.09% per day. It's best return during this period (of +5.5%) was on Thursday, 15 Nov, 2018. While it's worst loss in the same period (of -4.03%) was on Friday, 7 Dec, 2018. There was initially a bearish trend during this period which started on 4 Oct, 2018 and went on till 11 Oct, 2018. The trend delivered -10.63% losses to investors. This was followed by a bullish trend that started on 26 Nov, 2018 and ended on 3 Dec, 2018. This bullish trend delivered +9.11% to investors.
CSCO had 7 profitable and 5 loss making months over the last year. During the last year, CSCO underperformed SP500 index on monthly return basis. CSCO significantly outperformed SP500 index in Aug 2018, when it returned +12.96% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. CSCO 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 CSCO and SP500 index significantly outperform during months when quarterly/annual results are announced.
Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each.
-- Christopher Rice
CSCO 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 CSCO's volatility from 19 Sep, 2018 to 29 Oct, 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 CSCO 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.
Investors trading in CSCO derivatives at this moment can consider 'Long Straddle' options strategy to receive better risk-adjusted returns.
On a general note (since you are interested in CSCO), ABMD is a mid cap that deserves to be closely tracked for investment opportunities.
... 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