46.0 -0.13 (-0.28%) Sell

Stop-loss on the minds of ENR investors as it ranked among the worst performers

13 min read

ENERGIZER HOLDINGS, INC. was among the worst performers today. It lost -0.28% to close at 46.0. It's recent 5 day performance has been +2.35%, -1.44%, +2.01%, -2.16% and -1.59%.

[Themes containing ENR]

ENR is currently in a down trend. The current bearish signal has generated a profit of +25.64% for investors in the last three months.


ENR has been underperforming the SP500 index in recent time, after having outperformed till 18 Apr, 2017. Over the last 2 years 11 months and 3 days, ENR outperformed the SP500 index on 51% days.

ENR returned losses on 51% days in the last three months. During this time, it delivered on average -0.45% per day. It delivered it's worst daily return of -8.11%, during this period, on Thursday, 15 Nov, 2018. There was initially a bullish trend during this period which started on 18 Sep, 2018 and went on till 21 Sep, 2018. The bullish trend returned +2.56% to investors. This was followed by a bearish trend that started on 12 Nov, 2018 and ended on 20 Nov, 2018. This bearish trend lost -27.11% of investor capital.

ENR had 8 profitable and 4 loss making months over the last year. During the last year, number of profitable months of ENR and SP500 index were the same. ENR was also a more risky investment than SP500 index as it's worst month in the last year, Nov 2018, returned -23.72% compared to -7.28% returned by SP500 index in Oct 2018. ENR had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year. It is interesting to note that both ENR and SP500 index significantly outperform during months when quarterly/annual results are announced.

"Stay on top of your finances. Don't leave that up to others.

ENR is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in ENR's volatility from 24 Sep, 2018 to 16 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 10 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that ENR has significant positive skewness in it's return distribution. This indicates that investors can expect ENR to recover from drawdowns quickly. Which makes ENR 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 ENR. Therefore, SP500 must receive a lower allocation than ENR in your portfolio. ENR usually has shorter drawdown period than the SP500 index.

On a general note (since you are interested in ENR), three large cap instruments that deserve special mention are AMZN, PFE and CSCO. They have all outperformed the market and must be closely watched for investment opportunities.

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