51JOB, INC. (FOREIGN)

68.79 +0.82 (+1.19%) Sell

Don't lose faith in JOBS now, it delivered good returns

13 min read

JOBS was among the best performers today. On a longer term basis, investors in 51JOB, INC. (Foreign) made +0.1% per day. Friday's performance of +1.19% was a significant outperformance compared to it's daily average.

[Themes containing JOBS]

JOBS showed a up trend over the last 3 months. During this period JOBS returned +5.28% and saw a maximum drawdown of -32.48%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in JOBS till volatility reduces and a clear trend emerges.

Trend

JOBS has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 3 days, JOBS outperformed the SP500 index on 54% days.

During the last three months JOBS delivered losses on 53% days. However, it still managed to end this period in a profit. It's best return during this period (of +9.81%) was on Thursday, 13 Sep, 2018. While it's worst loss in the same period (of -7.99%) was on Wednesday, 24 Oct, 2018. There was initially a bullish trend during this period which started on 18 Sep, 2018 and went on till 21 Sep, 2018. The bullish trend returned +10.97% to investors. This was followed by a bearish trend that started on 4 Oct, 2018 and ended on 11 Oct, 2018. This bearish trend lost -21.38% of investor capital.

JOBS had 5 profitable and 7 loss making months over the last year. During the last year, JOBS underperformed SP500 index on monthly return basis. JOBS significantly outperformed SP500 index in Mar 2018, when it returned +31.42% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. JOBS had a longer winning streak of losing months than SP500 index. It went down in 5 straight months (from Jun 2018 to Oct 2018) during which period it delivered -47.22%.

"Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.

JOBS 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 fall in JOBS's volatility from 10 Sep, 2018 to 3 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 10 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that JOBS 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 JOBS. Therefore, SP500 must receive a lower allocation than JOBS in your portfolio. SP500 index usually has shorter drawdown period than JOBS.

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

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