14.82 -0.32 (-2.18%) Sell

Looking to invest in CWH? Avoid at the moment as it was among the worst performers

13 min read

CAMPING WORLD HOLDINGS, INC. was among the worst performers today. It fell by -2.18% to close at 14.82. It's recent 5 day performance has been -2.32%, +0.52%, -0.52%, -0.89% and -7.01%.

[Themes containing CWH]

CWH showed a strong bearish trend over the last 3 months. During this period CWH fell by -30.29% and saw a maximum drawdown of -34.1%. There were 3 short signals during this period that returned a cumulative of +11.13% to investors.


CWH has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 7 Dec, 2017 to 13 Dec, 2018. Over the last 2 years 2 months and 7 days, CWH underperformed the SP500 index on 50% days. Which indicates that on days CWH underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

CWH returned losses on 53% days in the last three months. During this time, it delivered on average -0.51% per day. It delivered it's best daily return of +9.33%, during this period, on Thursday, 1 Nov, 2018. The longest stort-term trend during this period was 6 losing days, which started on 22 Oct, 2018 and ended on 29 Oct, 2018. This bearish trend lost -23.07% of investor capital.

During the last year CWH had 3 profitable months and 9 loss making months. CWH returned profits in fewer months than SP500 index. CWH was also a more risky investment than SP500 index as it's worst month in the last year, May 2018, returned -33.64% compared to -7.28% returned by SP500 index in Oct 2018. CWH had a longer winning streak of losing months than SP500 index. It went down in 5 straight months (from Jan 2018 to May 2018) during which period it delivered -68.02%. It is interesting to note that both CWH and SP500 index significantly outperform during months when quarterly/annual results are announced.

"Money is like manure. You have to spread it around or it smells.

CWH 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 fall in CWH's volatility from 17 Sep, 2018 to 21 Sep, 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 CWH has significant positive skewness in it's return distribution. This indicates that investors can expect CWH to recover from drawdowns quickly. Which makes CWH a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in CWH you may find it interesting to know that AMRH and NSPR have both shown remarkable performance and deserve to be on every investors' watchlist.

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