NATIONAL BEVERAGE CORP showed weakness today. It delivered 0.0% to close at 83.68. It's recent 5 day performance has been +0.74%, +0.26%, +3.31%, -0.06% and -1.91%.
FIZZ showed a strong bearish trend over the last 3 months. During this period FIZZ delivered -30.0% and saw a maximum drawdown of -32.6%. There was a short signal during this period which returned +25.49%.
FIZZ has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 8 Feb, 2016 to 11 Sep, 2017. Over the last 2 years 11 months and 3 days, FIZZ outperformed the SP500 index on 54% days.
During the last three months FIZZ was mostly loss making and delivered on average -0.53% per day. It's best return during this period (of +3.65%) was on Monday, 5 Nov, 2018. While it's worst loss in the same period (of -10.67%) was on Tuesday, 13 Nov, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 1 Nov, 2018 and went on till 8 Nov, 2018. This bullish trend returned +10.31% to investors.
The last 12 months saw FIZZ's investors making profits in 5 months and incurring losses in 7 months. FIZZ was less consistent in delivering monthly returs than SP500 index. FIZZ was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -18.34% compared to -7.28% returned by SP500 index in Oct 2018. FIZZ had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from Sep 2018 to Dec 2018) during which period it delivered -29.09%. It is interesting to note that both FIZZ and SP500 index significantly outperform during months when quarterly/annual results are announced.
Let him who would enjoy a good future waste none of his present.
-- Roger Babson
FIZZ 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 FIZZ's volatility from 26 Sep, 2018 to 7 Dec, 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 FIZZ has significant positive skewness in it's return distribution. This indicates that investors can expect FIZZ to recover from drawdowns quickly. Which makes FIZZ a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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