FUELCELL ENERGY INC

0.56 0.0 (-0.18%) Sell

FCEL investors treading cautiously as performance is muted

13 min read

FUELCELL ENERGY INC ranked worse than it's peers today. It lost -0.18% to close at 0.56. During the last week it lost -2.78% and saw a maximum drawdown of -5.08% before bouncing back.

[Themes containing FCEL]

FCEL is currently in a down trend. The current bearish signal has generated a profit of +46.67% for investors in the last three months.

Trend

FCEL has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 10 days, FCEL underperformed the SP500 index on 54% days.

During the last three months FCEL was mostly loss making and delivered on average -0.91% per day. It's best return during this period (of +10.43%) was on Thursday, 25 Oct, 2018. While it's worst loss in the same period (of -14.66%) was on Tuesday, 20 Nov, 2018. There was initially a bullish trend during this period which started on 17 Sep, 2018 and went on till 20 Sep, 2018. The bullish trend returned +5.64% to investors. This was followed by a bearish trend that started on 16 Oct, 2018 and ended on 24 Oct, 2018. This bearish trend lost -23.43% of investor capital.

FCEL had 3 profitable and 9 loss making months over the last year. During the last year, FCEL underperformed SP500 index on monthly return basis. FCEL was also a more risky investment than SP500 index as it's worst month in the last year, Jun 2018, returned -29.41% compared to -7.28% returned by SP500 index in Oct 2018. FCEL had a longer winning streak of losing months than SP500 index. It went down in 7 straight months (from Jun 2018 to Dec 2018) during which period it delivered -111.27%. It is interesting to note that both FCEL and SP500 index significantly outperform during months when quarterly/annual results are announced.

"Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones.

FCEL is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in FCEL's volatility from 12 Oct, 2018 to 23 Oct, 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 FCEL has significant negative skewness in it's return distribution. This indicates that FCEL is very risky for short-term investment and can significantly underperform for long durations.

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

On a general note (since you are interested in FCEL), two instruments that deserve special mention are AMRH and NSPR. They have significantly outperformed the overall market.

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