CAPITAL SENIOR LIVING CORP was among the worst performers today. It fell by -0.71% to close at 8.44. It's recent 5 day performance has been -1.16%, +1.65%, -3.64%, -5.59% and +3.33%.
CSU showed a bearish trend over the last 3 months. During this period CSU fell by -6.33% and saw a maximum drawdown of -21.44%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in CSU till volatility reduces and a clear trend emerges.
CSU has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 6 Jan, 2016 to 20 Aug, 2018. Over the last 2 years 11 months and 7 days, CSU underperformed the SP500 index on 51% days.
CSU returned losses on 54% days in the last three months. During this time, it delivered on average -0.04% per day. It delivered it's worst daily return of -12.96%, during this period, on Wednesday, 7 Nov, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 29 Oct, 2018 and went on till 5 Nov, 2018. This bullish trend returned +14.48% to investors.
During the last year CSU had 3 profitable months and 9 loss making months. CSU returned profits in fewer months than SP500 index. CSU was also a more risky investment than SP500 index as it's worst month in the last year, Jan 2018, returned -19.83% compared to -7.28% returned by SP500 index in Oct 2018. CSU had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from May 2018 to Aug 2018) during which period it delivered -26.58%.
Finance is not merely about making money. It's about achieving our deep goals and protecting the fruits of our labor. It's about stewardship and, therefore, about achieving the good society.
-- Robert J. Shiller
CSU 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 CSU's volatility from 14 Sep, 2018 to 7 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 CSU has significant positive skewness in it's return distribution. This indicates that investors can expect CSU to recover from drawdowns quickly. Which makes CSU a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
On a general note (since you are interested in CSU), CSCO is a large 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