20.27 +0.43 (+2.12%) Buy

CTRE investors looking to book profit as it outperforms

13 min read

CTRE ranked among the best performers today. On a longer term basis, investors in CARETRUST REIT, INC. made +0.03% per day. Thursday's performance of +2.12% was a outperformance compared to it's daily average.

[Themes containing CTRE]

Buy-and-Hold investors in CTRE experienced a maximum drawdown of -8.15% over the last three months. It delivered +10.83% during this strong bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals. The net profit from Long signals was +2.32%.


CTRE has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 23 Jun, 2017 to 23 Apr, 2018. Over the last 2 years 11 months and 9 days, CTRE outperformed the SP500 index on 51% days.

During the last three months CTRE delivered losses on 52% days. However, it still managed to end this period in a profit. It's best return during this period (of +5.1%) was on Tuesday, 6 Nov, 2018. While it's worst loss in the same period (of -3.19%) was on Thursday, 11 Oct, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 27 Nov, 2018 and went on till 3 Dec, 2018. This bullish trend returned +5.55% to investors.

During the last year CTRE had 8 profitable months and 4 loss making months. Profitable number of months of CTRE and SP500 index were the same. CTRE significantly outperformed SP500 index in May 2018, when it returned +24.83% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. CTRE had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year.

Wealth consists not in having great possessions, but in having few wants.
-- Epictetus

CTRE 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 CTRE's volatility from 17 Sep, 2018 to 6 Nov, 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 CTRE has significant positive skewness in it's return distribution. This indicates that investors can expect CTRE to recover from drawdowns quickly. Which makes CTRE a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

SP500 index has more chance of extreme outcomes than CTRE. Therefore, SP500 must receive a lower allocation than CTRE in your portfolio. CTRE usually has shorter drawdown period than the SP500 index.

On a general note (since you are interested in CTRE), AMD is a mid cap that deserves to be closely tracked for investment opportunities.

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