J&J SNACK FOODS CORP

159.23 +0.49 (+0.31%) Buy

Don't exit JJSF now, it delivered great returns

13 min read

JJSF delivered stellar performance today. On a longer term basis, investors in J&J SNACK FOODS CORP made -0.05% per day. Thursday's performance of +0.31% was a significant outperformance compared to it's daily average.

[Themes containing JJSF]

JJSF showed a up trend over the last 3 months. During this period JJSF gained +7.52% and saw a maximum drawdown of -5.98%. There was a long signal during this period which returned +7.52%.

Trend

JJSF has been outperforming the SP500 index in recent time. JJSF is currently at it's peak outperformance to the SP500 index and can be considered for investment. Over the last 2 years 11 months and 9 days, JJSF outperformed the SP500 index on 53% days.

JJSF was profitable on 50% days in the last three months. During this time, it delivered on average +0.12% per day. It delivered it's worst daily return of -2.63%, during this period, on Tuesday, 4 Dec, 2018. There was initially a bullish trend during this period which started on 25 Sep, 2018 and went on till 28 Sep, 2018. The bullish trend returned +2.91% to investors. This was followed by a bearish trend that started on 7 Nov, 2018 and ended on 14 Nov, 2018. This bearish trend lost -5.26% of investor capital.

JJSF had 9 profitable and 3 loss making months over the last year. JJSF was profitable in more months than SP500 index. JJSF significantly outperformed SP500 index in Jun 2018, when it returned +7.66% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. JJSF had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year.

"If you can make finance more functional, make it a tiny percent better, you create a great deal of resources, which you can use for other things like education and healthcare.

JJSF 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 JJSF's volatility from 24 Sep, 2018 to 9 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 JJSF has significant positive skewness in it's return distribution. This indicates that investors can expect JJSF to recover from drawdowns quickly. Which makes JJSF 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 JJSF. Therefore, SP500 must receive a lower allocation than JJSF in your portfolio. JJSF usually has shorter drawdown period than the SP500 index.

Based on your interest in JJSF you may find it interesting to know that PRQR, ECYT and NIHD have all shown remarkable performance this year and deserve to be on every investor's watchlist.

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