87.66 -0.43 (-0.49%) Buy

Search for alternative investments is on for DUK investors as it shows weakness

13 min read

DUKE ENERGY CORP has destroyed investor wealth today. It delivered -0.49% to close at 87.66. During the last week it delivered -2.17% and saw a maximum drawdown of -3.56% before bouncing back.

[Themes containing DUK]

DUK is currently in a bullish trend. The current bullish signal has generated a profit of +6.58% for DUK's investors in the last three months.


DUK has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 8 Feb, 2016 to 11 Jun, 2018. Over the last 2 years 11 months and 14 days, DUK underperformed the SP500 index on 49% days. Which indicates that on days DUK underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months DUK was mostly profitable and delivered on average +0.15% per day. It's best return during this period (of +2.98%) was on Wednesday, 24 Oct, 2018. While it's worst loss in the same period (of -2.93%) was on Monday, 17 Dec, 2018. The longest stort-term trends during this period were 4 profitable and losing days. The bullish trend (which returned +3.82%) started on 4 Oct, 2018 and went on till 9 Oct, 2018 while the bearish trend (which returned -3.16%) started on 21 Sep, 2018 and went on till 26 Sep, 2018.

The last 12 months saw DUK's investors making profits in 6 months and incurring losses in 6 months. DUK was less consistent in delivering monthly returs than SP500 index. DUK significantly outperformed SP500 index in Nov 2018, when it returned +7.19% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. DUK had a shorter streak of profitable months than SP500 index. It only went up in 2 straight months during the last year. It is interesting to note that both DUK and SP500 index significantly outperform during months when quarterly/annual results are announced.

Not everything that can be counted counts, and not everything that counts can be counted.
-- Albert Einstein

DUK 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 DUK's volatility from 19 Sep, 2018 to 2 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that DUK has significant positive skewness in it's return distribution. This indicates that investors can expect DUK to recover from drawdowns quickly. Which makes DUK a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in DUK you may find it interesting to know that TYHT has shown remarkable performance and deserves to be on every investors' watchlist.

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