The party never started for GDI investors as it delivered massive losses

GARDNER DENVER HOLDINGS, INC. was among the worst performers on Thursday. It returned -2.24% to close at 21.35. On a day when the overall market breadth was 35%, it closed higher than 4% of the market. In comparison, the benchmark SP500 index closed today at -0.0002%.

[Themes containing GDI]

GDI is currently in a down trend. Over the last three months 2 bearish signals have generated a profit of +23.47% for investors.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

GDI has been underperforming the SP500 index in recent time, after having outperformed till 23 Jan, 2018. GDI is currently at it's worst performance to the SP500 index and therefore does not make a good investment candidate. Over the last 1 year 7 months and 1 days, GDI underperformed the SP500 index on 45% days. Which indicates that on days GDI underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months GDI was mostly loss making and delivered on average -0.43% per day. It's best return during this period (of +6.31%) was on Friday, 26 Oct, 2018. While it's worst loss in the same period (of -8.24%) was on Tuesday, 4 Dec, 2018. There was initially a bearish trend during this period which started on 17 Oct, 2018 and went on till 24 Oct, 2018. The trend delivered -14.7% losses to investors. This was followed by a bullish trend that started on 2 Nov, 2018 and ended on 7 Nov, 2018. This bullish trend delivered +8.07% to investors.

On monthly basis, GDI delivered losses in more months over the last year, than profits. GDI delivered profits less regularly than SP500 index. GDI was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -13.74% compared to -7.28% returned by SP500 index in Oct 2018. GDI had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Oct 2018 to Dec 2018) during which period it delivered -25.67%. It is interesting to note that both GDI and SP500 index significantly outperform during months when quarterly/annual results are announced.

"Well, I think that there's a very thin dividing line between success and failure. And I think if you start a business without financial backing, you're likely to go the wrong side of that dividing line.

GDI 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 GDI's volatility from 4 Oct, 2018 to 29 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 14 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that GDI has significant positive skewness in it's return distribution. This indicates that investors can expect GDI to recover from drawdowns quickly. Which makes GDI a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in GDI you may find it interesting to know that APRN has shown remarkable performance and deserves to be on every investors' watchlist.