HAS investors update their stop-losses higher

HASBRO INC outperformed the broader market today. It increased by +0.36% to close at 84.06. It's recent 5 day performance has been -1.26%, +1.16%, -0.17%, +0.08% and -4.07%.

[Themes containing HAS]

HAS is currently in a bearish trend. The current bearish signal has generated a profit of +17.13% for investors in the last three months.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

HAS has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 21 Jul, 2017 to 20 Apr, 2018. Over the last 2 years 11 months and 10 days, HAS underperformed the SP500 index on 50% days. Which indicates that on days HAS underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months HAS was mostly loss making and delivered on average -0.35% per day. It's best return during this period (of +6.37%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -6.04%) was on Friday, 30 Nov, 2018. The longest stort-term trend during this period was 6 losing days, which started on 17 Oct, 2018 and ended on 24 Oct, 2018. This bearish trend lost -10.07% of investor capital.

The last 12 months saw HAS's investors making profits in 6 months and incurring losses in 6 months. HAS was less consistent in delivering monthly returs than SP500 index. HAS was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -13.23% compared to -7.28% returned by SP500 index in Oct 2018. HAS 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 -21.63%. It is interesting to note that both HAS and SP500 index significantly outperform during months when quarterly/annual results are announced.

"There can be no rise in the value of labour without a fall of profits.

HAS 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 HAS's volatility from 17 Sep, 2018 to 1 Nov, 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 HAS 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.

Investors trading in HAS derivatives at this moment can consider 'Covered Call' options strategy to receive better risk-adjusted returns.

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

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