169.74 -2.07 (-1.22%) Sell

CTAS investors dump it

13 min read

CINTAS CORP ranked among the worst performers on Friday. It fell by -1.22% to close at 169.74. On a day when the overall market breadth was 35%, it closed higher than 83% of the market. In comparison, the benchmark SP500 index closed today at -0.0191%.

[Themes containing CTAS]

CTAS is currently in a bearish trend. The current bearish signal has generated a profit of +15.62% for investors in the last three months.


CTAS has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 23 Mar, 2016 to 7 Sep, 2018. Over the last 2 years 11 months and 10 days, CTAS outperformed the SP500 index on 55% days.

During the last three months CTAS was mostly loss making and delivered on average -0.34% per day. It's best return during this period (of +3.48%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -5.55%) was on Wednesday, 26 Sep, 2018. The longest stort-term trend during this period was 4 losing days, which started on 1 Nov, 2018 and ended on 6 Nov, 2018. This bearish trend lost -2.47% of investor capital.

During the last year CTAS had 8 profitable months and 4 loss making months. Profitable number of months of CTAS and SP500 index were the same. CTAS was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -9.41% compared to -7.28% returned by SP500 index in Oct 2018. CTAS had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year. It is interesting to note that both CTAS and SP500 index significantly outperform during months when quarterly/annual results are announced.

"Inflation is taxation without legislation.

CTAS 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 CTAS's volatility from 18 Sep, 2018 to 29 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that CTAS 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 CTAS. Therefore, SP500 must receive a lower allocation than CTAS in your portfolio. SP500 index usually has shorter drawdown period than CTAS.

Based on your interest in CTAS you may find it interesting to know that EHC is a small cap that has shown remarkable performance and deserves to be on every investors' watchlist.

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