DELL TECHNOLOGIES INC

105.79 +0.29 (+0.27%) Buy

Looking to invest in DVMT? Consider at the moment as it outperformed

13 min read

DELL TECHNOLOGIES INC outperformed on Friday. It surged by +0.27% to close at 105.79. It is currently trading +61% above it's 52 week low of 65.62 and is down only 0% from it's 52 week high.

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DVMT showed a bullish trend over the last 3 months. During this period DVMT surged by +8.7% and saw a maximum drawdown of -10.85%. There were 2 long signals during this period that returned a cumulative of +6.28% to investors.

Trend

DVMT has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 26 Oct, 2016 to 14 Dec, 2018. One must note that DVMT is currently at it's peak outperformance to the SP500 index which makes it a good investment candidate. Over the last 2 years 3 months and 7 days, DVMT outperformed the SP500 index on 54% days.

DVMT was profitable on 53% days in the last three months. During this time, it delivered on average +0.14% per day. It delivered it's best daily return of +6.25%, during this period, on Wednesday, 7 Nov, 2018. The longest stort-term trend during this period was 8 profitable days, which started on 30 Oct, 2018 and went on till 8 Nov, 2018. This bullish trend returned +13.35% to investors.

During the last year DVMT had 8 profitable months and 4 loss making months. Profitable number of months of DVMT and SP500 index were the same. DVMT significantly outperformed SP500 index in Nov 2018, when it returned +16.69% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. DVMT had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year.

"Inflation is taxation without legislation.

DVMT 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 DVMT's volatility from 2 Oct, 2018 to 14 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 DVMT has significant positive skewness in it's return distribution. This indicates that investors can expect DVMT to recover from drawdowns quickly. Which makes DVMT 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 DVMT. Therefore, SP500 must receive a lower allocation than DVMT in your portfolio. SP500 index usually has shorter drawdown period than DVMT.

Based on your interest in DVMT you may find it interesting to know that DFBG, TPNL and HEAR have all shown remarkable performance this year and deserve to be on every investor's watchlist.

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