45.62 -0.24 (-0.52%) Sell

ENSG is a falling knife, continues to bleed every investor trying to catch it

13 min read

ENSIGN GROUP, INC significantly underperformed today. It delivered -0.52% to close at 45.62. It's recent 5 day performance has been +0.81%, -0.44%, +0.71%, -0.74% and +0.44%.

[Themes containing ENSG]

ENSG showed a strong bullish trend over the last 3 months. During this period ENSG delivered +25.67% and saw a maximum drawdown of -8.34%. There were 2 long signals during this period that returned a cumulative of +4.02% to investors.


ENSG has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 26 Jan, 2018 to 8 Nov, 2018. Over the last 2 years 11 months and 3 days, ENSG outperformed the SP500 index on 53% days.

During the last three months ENSG was mostly profitable and delivered on average +0.4% per day. It's best return during this period (of +12.45%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -4.12%) was on Wednesday, 24 Oct, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 20 Sep, 2018 and went on till 26 Sep, 2018. This bullish trend returned +3.93% to investors.

The last 12 months saw ENSG's investors making profits in 6 months and incurring losses in 6 months. ENSG was less consistent in delivering monthly returs than SP500 index. ENSG significantly outperformed SP500 index in May 2018, when it returned +31.36% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ENSG had a shorter streak of profitable months than SP500 index. It only went up in 2 straight months during the last year.

"I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

ENSG 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 ENSG's volatility from 28 Sep, 2018 to 2 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 ENSG has significant positive skewness in it's return distribution. This indicates that investors can expect ENSG to recover from drawdowns quickly. Which makes ENSG 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 ENSG. Therefore, SP500 must receive a lower allocation than ENSG in your portfolio. ENSG usually has shorter drawdown period than the SP500 index.

Based on your interest in ENSG you may find it interesting to know that IMTE and VIPS are highly volatile and therefore risky. Investors should consider limiting their exposure to these instruments (because of their volatile nature).

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