Are you evaluating investing in FLNT? Consider as it was among the best performers
12 Dec, 201813 min read
Share with friends 
FLUENT, INC. was among the best performers today. It returned +2.38% to close at 3.87. It's recent 5 day performance has been -1.82%, -2.78%, +1.28%, +8.61% and +1.41%.
FLNT showed a strong up trend over the last 3 months. During this period FLNT returned +88.78% and saw a maximum drawdown of -7.03%. There was a long signal during this period which returned +52.96%.
FLNT has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 8 days, FLNT underperformed the SP500 index on 50% days. Which indicates that on days FLNT underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
During the last three months FLNT delivered losses on 53% days. However, it still managed to end this period in a profit. It's best return during this period (of +31.47%) was on Thursday, 8 Nov, 2018. While it's worst loss in the same period (of -4.2%) was on Thursday, 11 Oct, 2018. There was initially a bullish trend during this period which started on 13 Sep, 2018 and went on till 21 Sep, 2018. The bullish trend returned +4.82% to investors. This was followed by a bearish trend that started on 15 Nov, 2018 and ended on 20 Nov, 2018. This bearish trend lost -7.21% of investor capital.
FLNT had 6 profitable and 6 loss making months over the last year. During the last year, FLNT underperformed SP500 index on monthly return basis. FLNT significantly outperformed SP500 index in Nov 2018, when it returned +46.28% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. FLNT had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year. It is interesting to note that both FLNT and SP500 index significantly outperform during months when quarterly/annual results are announced.
The studios don't finance anymore, they get outside funds.
-- Robert Rodriguez
FLNT 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 fall in FLNT's volatility from 13 Sep, 2018 to 30 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 13 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that FLNT 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.
SP500 index has more chance of extreme outcomes than FLNT. Therefore, SP500 must receive a lower allocation than FLNT in your portfolio. SP500 index usually has shorter drawdown period than FLNT.
On a general note (since you are interested in FLNT), two instruments that have delivered similar performance as FLNT are AKTS and OASM. They are suitable as good alternative investment candidates that can diversify your portfolio.
... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.
All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.
We want to empower investors with all the tools and analysis required by them to make a rational investment decision.
If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute