GATX CORP ranked among the worst performers on Friday. It returned -1.96% to close at 73.68. It is currently trading -17% below it's 52 week high of 89.08.
Buy-and-Hold investors in GATX experienced a maximum drawdown of -18.61% over the last three months. It returned -12.55% during this strong down trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +6.01%.
During the last three months GATX delivered profits on 55% days. However, it still managed to end this period in a loss. It's best return during this period (of +3.68%) was on Wednesday, 28 Nov, 2018. While it's worst loss in the same period (of -6.49%) was on Tuesday, 23 Oct, 2018. There was initially a bearish trend during this period which started on 9 Oct, 2018 and went on till 12 Oct, 2018. The trend delivered -8.16% losses to investors. This was followed by a bullish trend that started on 29 Oct, 2018 and ended on 8 Nov, 2018. This bullish trend delivered +9.77% to investors.
On monthly basis, GATX delivered profits in more months over the last year, than losses. GATX delivered profits less regularly than SP500 index. GATX was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -13.48% compared to -7.28% returned by SP500 index in Oct 2018. GATX had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year. It is interesting to note that both GATX and SP500 index significantly outperform during months when quarterly/annual results are announced.
"I finally know what distinguishes man from the other beasts: financial worries.
GATX is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in GATX's volatility from 1 Oct, 2018 to 24 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 GATX 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.
On a general note (since you are interested in GATX), three instruments that deserve special mention are PRQR, TNDM and HEAR. They have all outperformed the market and must be closely watched for investment opportunities.
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