DENNYS CORP delivered stellar performance today. It gained +1.73% to close at 16.46. During the last week it gained +2.49% and saw a maximum drawdown of -1.53% before bouncing back.
DENN is currently in a down trend. The previous short signal in DENN has not been profitable for investors in general. If you are short on DENN at current levels please make sure that your allocation is limited and that your portfolio is well diversified.
DENN has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 7 days, DENN outperformed the SP500 index on 48% days. Which indicates that on days DENN outperforms the SP500 index, it's performance is marginally better than on the days it underperforms the SP500 index.
DENN returned losses on 52% days in the last three months. During this time, it delivered on average +0.25% per day. It delivered it's best daily return of +22.61%, during this period, on Wednesday, 31 Oct, 2018. There was initially a bearish trend during this period which started on 14 Sep, 2018 and went on till 19 Sep, 2018. The trend delivered -3.96% losses to investors. This was followed by a bullish trend that started on 5 Oct, 2018 and ended on 10 Oct, 2018. This bullish trend delivered +4.06% to investors.
DENN had 7 profitable and 5 loss making months over the last year. During the last year, DENN underperformed SP500 index on monthly return basis. DENN significantly outperformed SP500 index in Oct 2018, when it returned +21.58% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. DENN had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year. It is interesting to note that both DENN and SP500 index significantly outperform during months when quarterly/annual results are announced.
The Stock Market is designed to transfer money from the Active to the Patient.
-- Warren Buffett
DENN is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in DENN's volatility from 18 Sep, 2018 to 31 Oct, 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 DENN 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.
... 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