19.59 -0.4 (-2.05%) Sell

KLIC is a falling knife, continues to bleed every investor trying to catch it

13 min read

KULICKE & SOFFA INDUSTRIES INC significantly underperformed today. It fell by -2.05% to close at 19.59. During the last week it delivered +0.88% and saw a maximum drawdown of -2.05% before bouncing back.

[Themes containing KLIC]

KLIC is currently in a bearish trend. Over the last three months 2 bearish signals have generated a profit of +14.84% for investors.


KLIC has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 2 May, 2016 to 14 Nov, 2017. Over the last 2 years 11 months and 10 days, KLIC outperformed the SP500 index on 51% days.

During the last three months KLIC was mostly loss making and delivered on average -0.35% per day. It's best return during this period (of +7.77%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -6.39%) was on Wednesday, 24 Oct, 2018. The longest stort-term trend during this period was 6 losing days, which started on 21 Sep, 2018 and ended on 28 Sep, 2018. This bearish trend lost -6.16% of investor capital.

During the last year KLIC had 5 profitable months and 7 loss making months. KLIC returned profits in fewer months than SP500 index. KLIC was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -15.71% compared to -7.28% returned by SP500 index in Oct 2018. KLIC 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 -25.43%.

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KLIC 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 KLIC's volatility from 24 Sep, 2018 to 20 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 KLIC 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 KLIC. Therefore, SP500 must receive a lower allocation than KLIC in your portfolio. SP500 index usually has shorter drawdown period than KLIC.

Based on your interest in KLIC you may find it interesting to know that CLH and MYL have both performed similar to KLIC and can be considered by investors as alternative investment options.

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