INTERXION HOLDING N.V. (Foreign) delivered massive losses on Monday. It returned -4.4% to close at 55.59. It is currently trading -19% below it's 52 week high of 68.75.
INXN showed a strong down trend over the last 3 months. During this period INXN returned -18.29% and saw a maximum drawdown of -19.14%. There were 2 short signals during this period that returned a cumulative of +11.6% to investors.
During the last three months INXN was mostly loss making and delivered on average -0.31% per day. It's best return during this period (of +3.54%) was on Tuesday, 16 Oct, 2018. While it's worst loss in the same period (of -4.91%) was on Tuesday, 20 Nov, 2018. There was initially a bearish trend during this period which started on 2 Oct, 2018 and went on till 11 Oct, 2018. The trend delivered -11.41% losses to investors. This was followed by a bullish trend that started on 21 Nov, 2018 and ended on 3 Dec, 2018. This bullish trend delivered +6.31% to investors.
On monthly basis, INXN delivered profits in more months over the last year, than losses. INXN delivered profits less regularly than SP500 index. INXN was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -12.97% compared to -7.28% returned by SP500 index in Oct 2018. INXN 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 INXN and SP500 index significantly outperform during months when quarterly/annual results are announced.
It's how you deal with failure that determines how you achieve success.
-- David Feherty
INXN 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 INXN's volatility from 1 Oct, 2018 to 20 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 INXN 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.
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