3.37 +0.06 (+1.81%) Buy

Don't cash in on GFI now, it performed well

13 min read

GFI ranked among the best performers today. On a longer term basis, investors in GOLD FIELDS LTD (Foreign) made -0.03% per day. Tuesday's performance of +1.81% was a outperformance compared to it's daily average.

[Themes containing GFI]

GFI showed a strong bullish trend over the last 3 months. During this period GFI delivered +34.8% and saw a maximum drawdown of -11.63%. There was a long signal during this period which returned +30.83%.


GFI has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 1 Aug, 2016 to 11 Sep, 2018. Over the last 2 years 11 months and 14 days, GFI underperformed the SP500 index on 51% days.

During the last three months GFI was mostly profitable and delivered on average +0.51% per day. It's best return during this period (of +6.45%) was on Monday, 15 Oct, 2018. While it's worst loss in the same period (of -6.73%) was on Thursday, 25 Oct, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 14 Nov, 2018 and went on till 21 Nov, 2018. This bullish trend returned +10.83% to investors.

The last 12 months saw GFI's investors making profits in 5 months and incurring losses in 7 months. GFI was less consistent in delivering monthly returs than SP500 index. GFI was also a more risky investment than SP500 index as it's worst month in the last year, Aug 2018, returned -33.42% compared to -7.75% returned by SP500 index in Dec 2018. GFI 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 GFI and SP500 index significantly outperform during months when quarterly/annual results are announced.

How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
-- Robert G. Allen

GFI is currently seeing overall fall in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in GFI's volatility from 5 Oct, 2018 to 26 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that GFI 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.

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

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

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