50.22 -1.79 (-3.57%) Sell

ITRI is a falling knife, continues to bleed every investor trying to catch it

13 min read

ITRI has destroyed investor wealth today. On a longer term basis, investors in ITRON INC made +0.01% per day. Friday's performance of -3.57% was a significant underperformance compared to it's daily average.

[Themes containing ITRI]

Buy-and-Hold investors in ITRI experienced a maximum drawdown of -24.71% over the last three months. It lost -23.85% during this strong down trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +21.71%.


ITRI has been underperforming the SP500 index in recent time, after having outperformed till 16 Oct, 2017. Over the last 2 years 11 months and 10 days, ITRI outperformed the SP500 index on 52% days.

During the last three months ITRI was mostly loss making and delivered on average -0.4% per day. It's best return during this period (of +6.79%) was on Wednesday, 7 Nov, 2018. While it's worst loss in the same period (of -6.03%) was on Wednesday, 10 Oct, 2018. There was initially a bearish trend during this period which started on 28 Sep, 2018 and went on till 11 Oct, 2018. The trend delivered -18.14% losses to investors. This was followed by a bullish trend that started on 30 Oct, 2018 and ended on 5 Nov, 2018. This bullish trend delivered +8.1% to investors.

ITRI had 6 profitable and 6 loss making months over the last year. During the last year, ITRI underperformed SP500 index on monthly return basis. ITRI was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -16.21% compared to -7.28% returned by SP500 index in Oct 2018. ITRI had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

"I'm a big advocate of financial intelligence.

ITRI 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 ITRI's volatility from 24 Sep, 2018 to 8 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 ITRI has significant positive skewness in it's return distribution. This indicates that investors can expect ITRI to recover from drawdowns quickly. Which makes ITRI a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in ITRI), AMRH has performed really well and deserves to be closely tracked for investment opportunities.

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