71.7 -3.08 (-4.3%) Buy

EXAS investors looking to cut their losses short

13 min read

EXACT SCIENCES CORP was among the worst performers on Friday. It delivered -4.3% to close at 71.7. It is currently trading +89% above it's 52 week low of 37.84 and is down only -13% from it's 52 week high.

[Themes containing EXAS]

EXAS is currently in a bullish trend. The previous long signal in EXAS has not been profitable for investors in general. If you are invested in EXAS at current levels please make sure that your allocation is limited and that your portfolio is well diversified.


EXAS has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 1 Mar, 2016 to 3 Dec, 2018. Over the last 2 years 11 months and 3 days, EXAS outperformed the SP500 index on 53% days.

EXAS returned losses on 51% days in the last three months. During this time, it delivered on average -0.03% per day. It delivered it's best daily return of +10.33%, during this period, on Wednesday, 31 Oct, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +10.35%) started on 19 Sep, 2018 and went on till 25 Sep, 2018 while the bearish trend (which returned -14.31%) started on 2 Oct, 2018 and went on till 8 Oct, 2018.

The last 12 months saw EXAS's investors making profits in 6 months and incurring losses in 6 months. EXAS was less consistent in delivering monthly returs than SP500 index. EXAS significantly outperformed SP500 index in Apr 2018, when it returned +28.89% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. EXAS had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

"Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.

EXAS is currently seeing overall increase in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in EXAS's volatility from 14 Sep, 2018 to 29 Oct, 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 EXAS 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.

Investors trading in EXAS derivatives at this moment can consider 'Covered Call' options strategy to receive better risk-adjusted returns.

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

Based on your interest in EXAS you may find it interesting to know that AMZN and V are both large caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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