83.12 -0.24 (-0.29%) Buy

JACK investors herd to book profits while the going is good

13 min read

JACK IN THE BOX INC has destroyed investor wealth today. It lost -0.29% to close at 83.12. It's recent 5 day performance has been +0.26%, +0.16%, -3.99%, -1.37% and -1.16%.

[Themes containing JACK]

JACK showed a down trend over the last 3 months. During this period JACK lost -1.96% and saw a maximum drawdown of -12.08%. There was a short signal during this period which returned +0.2%.


JACK has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 7 days, JACK underperformed the SP500 index on 50% days. Which indicates that on days JACK underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months JACK was mostly loss making and delivered on average -0.02% per day. It's best return during this period (of +6.24%) was on Tuesday, 20 Nov, 2018. While it's worst loss in the same period (of -3.99%) was on Thursday, 6 Dec, 2018. There was initially a bearish trend during this period which started on 17 Oct, 2018 and went on till 24 Oct, 2018. The trend delivered -9.67% losses to investors. This was followed by a bullish trend that started on 1 Nov, 2018 and ended on 8 Nov, 2018. This bullish trend delivered +2.29% to investors.

JACK had 4 profitable and 8 loss making months over the last year. During the last year, JACK underperformed SP500 index on monthly return basis. JACK significantly outperformed SP500 index in Nov 2018, when it returned +12.37% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. JACK had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Jan 2018 to Mar 2018) during which period it delivered -11.85%. It is interesting to note that both JACK and SP500 index significantly outperform during months when quarterly/annual results are announced.

"I am particularly pleased to see that the Bendheim Center for Finance is thriving.

JACK is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in JACK's volatility from 19 Sep, 2018 to 29 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 JACK 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.

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

Based on your interest in JACK you may find it interesting to know that MATW has delivered similar performance as JACK and can be considered as an alternative investment candidate (to JACK).

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
Symbol Price {{retType}} | Tr.
{{detail.symbol}} {{detail.close}} {{detail.priceChange}}  {{detail.pctChange}}%  {{detail.name}} {{detail.trend}} 
If you liked what you read here ...

... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.

All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.

We want to empower investors with all the tools and analysis required by them to make a rational investment decision.

If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute
Share with friends   WhatsApp   Facebook   Twitter