LENNOX INTERNATIONAL INC

213.88 -3.32 (-1.55%) Sell

Looking to invest in LII? Avoid at the moment as it delivered massive losses

13 min read

LENNOX INTERNATIONAL INC delivered massive losses on Friday. It fell by -1.55% to close at 213.88. It is currently trading +12% above it's 52 week low of 189.28 and is down only -6% from it's 52 week high.

[Themes containing LII]

LII showed a bearish trend over the last 3 months. During this period LII fell by -4.5% and saw a maximum drawdown of -13.77%. There was a short signal during this period which returned +0.29%.

Trend

LII has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 6 Jan, 2016 to 30 Nov, 2018. Over the last 2 years 11 months and 10 days, LII outperformed the SP500 index on 52% days.

During the last three months LII was mostly loss making and delivered on average -0.06% per day. It's best return during this period (of +4.74%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -4.6%) was on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 6 losing days, which started on 18 Sep, 2018 and ended on 25 Sep, 2018. This bearish trend lost -3.58% of investor capital.

During the last year LII had 5 profitable months and 7 loss making months. LII returned profits in fewer months than SP500 index. LII significantly outperformed SP500 index in Jul 2018, when it returned +7.58% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. LII had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Feb 2018 to Apr 2018) during which period it delivered -9.54%. It is interesting to note that both LII and SP500 index significantly outperform during months when quarterly/annual results are announced.

Let him who would enjoy a good future waste none of his present.
-- Roger Babson

LII 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 LII's volatility from 3 Oct, 2018 to 23 Oct, 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 LII 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 LII. Therefore, SP500 must receive a lower allocation than LII in your portfolio. SP500 index usually has shorter drawdown period than LII.

Based on your interest in LII you may find it interesting to know that SBOT, AYTU and APRN have all shown remarkable performance and qualify to be on every investor's watchlist.

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