JONES LANG LASALLE INC

133.25 +0.07 (+0.05%) Sell

Joy for JLL investors as it manages to marginally outperform broader market

13 min read

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%.

[Themes containing JLL]

JLL is currently in a bearish trend. Over the last three months 3 bearish signals have generated a profit of +1.18% for investors.

Trend

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.

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

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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