COCA COLA FEMSA SAB DE CV (FOREIGN)

60.25 -0.38 (-0.63%) Sell

Waiting to invest in KOF? Avoid at the moment as it was among the worst performers

13 min read

COCA COLA FEMSA SAB DE CV (Foreign) was among the worst performers today. It delivered -0.63% to close at 60.25. It's recent 5 day performance has been +1.49%, +3.16%, -0.97%, -2.44% and -0.2%.

[Themes containing KOF]

KOF showed a bullish trend over the last 3 months. During this period KOF surged by +1.01% and saw a maximum drawdown of -10.34%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in KOF till volatility reduces and a clear trend emerges.

Trend

KOF has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 29 Apr, 2016 to 4 Sep, 2018. Over the last 2 years 11 months and 10 days, KOF underperformed the SP500 index on 50% days. Which indicates that on days KOF underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

KOF was profitable on 50% days in the last three months. During this time, it delivered on average +0.03% per day. It delivered it's best daily return of +5.16%, during this period, on Monday, 5 Nov, 2018. The longest stort-term trend during this period was 6 profitable days, which started on 25 Sep, 2018 and went on till 2 Oct, 2018. This bullish trend returned +4.75% to investors.

The last 12 months saw KOF's investors making profits in 5 months and incurring losses in 7 months. KOF was less consistent in delivering monthly returs than SP500 index. KOF significantly outperformed SP500 index in Jul 2018, when it returned +13.66% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. KOF and SP500 index, both had periods of 2 consecutive losing months. It is interesting to note that both KOF and SP500 index significantly outperform during months when quarterly/annual results are announced.

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KOF 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 KOF's volatility from 17 Sep, 2018 to 9 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 KOF has positive skewness in it's return distribution. This indicates that investors can expect KOF to make attempts to recover from drawdowns quickly. Which makes KOF a good candidate for momentum based trading on short-term bullish trends or counter-trends.

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

Based on your interest in KOF you may find it interesting to know that LULU is a mid cap that has shown remarkable performance and deserves to be on every investors' watchlist.

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