KOREA ELECTRIC POWER CORP (Foreign) ranked among the best performers on Friday. It delivered +1.18% to close at 13.75. It is currently trading -24% below it's 52 week high of 18.22.
KEP showed a bullish trend over the last 3 months. During this period KEP delivered +4.09% and saw a maximum drawdown of -21.73%. There was a long signal during this period which returned +9.04%.
KEP has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 10 Aug, 2016 to 8 Oct, 2018. Over the last 2 years 11 months and 3 days, KEP underperformed the SP500 index on 51% days.
During the last three months KEP was mostly profitable and delivered on average +0.09% per day. It's best return during this period (of +5.48%) was on Monday, 26 Nov, 2018. While it's worst loss in the same period (of -6.22%) was on Wednesday, 10 Oct, 2018. The longest stort-term trend during this period was 7 profitable days, which started on 12 Oct, 2018 and went on till 22 Oct, 2018. This bullish trend returned +12.67% to investors.
The last 12 months saw KEP's investors making profits in 5 months and incurring losses in 7 months. KEP was less consistent in delivering monthly returs than SP500 index. KEP was also a more risky investment than SP500 index as it's worst month in the last year, May 2018, returned -12.59% compared to -7.28% returned by SP500 index in Oct 2018. KEP had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Aug 2018 to Oct 2018) during which period it delivered -18.94%. It is interesting to note that both KEP and SP500 index significantly outperform during months when quarterly/annual results are announced.
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-- David Dinkins
KEP is currently seeing overall fall in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in KEP's volatility from 2 Oct, 2018 to 14 Nov, 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 KEP has significant positive skewness in it's return distribution. This indicates that investors can expect KEP to recover from drawdowns quickly. Which makes KEP a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Based on your interest in KEP you may find it interesting to know that ~FORESTPRODUCTS has delivered similar performance as KEP and can be considered as an alternative investment candidate (to KEP).
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