JONES LANG LASALLE INC outperformed on Friday. It surged by +0.05% to close at 133.25. On a day when the overall market breadth was 35%, it closed higher than 12% of the market. In comparison, the benchmark SP500 index closed today at -0.0191%.
JLL is currently in a bearish trend. Over the last three months 3 bearish signals have generated a profit of +1.18% for investors.
JLL has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 5 Jan, 2016 to 9 Oct, 2018. Over the last 2 years 11 months and 10 days, JLL underperformed the SP500 index on 50% days. Which indicates that on days JLL underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
JLL returned losses on 54% days in the last three months. During this time, it delivered on average -0.09% per day. It delivered it's worst daily return of -6.55%, during this period, on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 7 losing days, which started on 4 Oct, 2018 and ended on 12 Oct, 2018. This bearish trend lost -9.48% of investor capital.
During the last year JLL had 6 profitable months and 6 loss making months. JLL returned profits in fewer months than SP500 index. JLL was also a more risky investment than SP500 index as it's worst month in the last year, Aug 2018, returned -10.81% compared to -7.28% returned by SP500 index in Oct 2018. JLL 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 JLL and SP500 index significantly outperform during months when quarterly/annual results are announced.
If you live for having it all, what you have is never enough.
-- Vicki Robin
JLL is currently seeing overall increase in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in JLL's volatility from 18 Sep, 2018 to 7 Dec, 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 JLL has significant positive skewness in it's return distribution. This indicates that investors can expect JLL to recover from drawdowns quickly. Which makes JLL a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Based on your interest in JLL you may find it interesting to know that AYTU has shown remarkable performance and deserves to be on every investors' watchlist.
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