30.2 +0.08 (+0.27%) Buy

HR continues to mint money for it's investors

13 min read

HR outperformed today. On a longer term basis, investors in HEALTHCARE REALTY TRUST INC made +0.01% per day. Thursday's performance of +0.27% was a outperformance compared to it's daily average.

[Themes containing HR]

HR showed a flat trend over the last 3 months. During this period HR delivered +0.97% and saw a maximum drawdown of -10.0%. There was a long signal during this period which returned +2.79%.


HR has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 5 Jul, 2016 to 3 Oct, 2018. Over the last 2 years 11 months and 9 days, HR underperformed the SP500 index on 46% days. Which indicates that on days HR underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

HR was profitable on 55% days in the last three months. During this time, it delivered on average +0.03% per day. It delivered it's worst daily return of -4.67%, during this period, on Thursday, 11 Oct, 2018. The longest stort-term trend during this period was 7 profitable days, which started on 23 Nov, 2018 and went on till 3 Dec, 2018. This bullish trend returned +4.85% to investors.

The last 12 months saw HR's investors making profits in 6 months and incurring losses in 6 months. HR was less consistent in delivering monthly returs than SP500 index. HR significantly outperformed SP500 index in Nov 2018, when it returned +11.27% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. HR had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

Never spend your money before you have it.
-- Thomas Jefferson

HR 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 HR's volatility from 18 Sep, 2018 to 5 Nov, 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 HR has significant positive skewness in it's return distribution. This indicates that investors can expect HR to recover from drawdowns quickly. Which makes HR a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in HR), two instruments that deserve special mention are PRQR and I. They have significantly outperformed the overall market this year.

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