178.82 -0.66 (-0.37%) Sell

Don't even consider investing in LLL now, it is an investor's nightmare

13 min read

L3 TECHNOLOGIES, INC. delivered massive losses on Friday. It delivered -0.37% to close at 178.82. It is currently trading -19% below it's 52 week high of 220.91.

[Themes containing LLL]

LLL showed a strong bearish trend over the last 3 months. During this period LLL delivered -14.73% and saw a maximum drawdown of -19.3%. There were 3 short signals during this period that returned a cumulative of +4.3% to investors.


LLL has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 1 Apr, 2016 to 15 Oct, 2018. Over the last 2 years 11 months and 3 days, LLL outperformed the SP500 index on 51% days.

During the last three months LLL was mostly loss making and delivered on average -0.22% per day. It's best return during this period (of +12.84%) was on Monday, 15 Oct, 2018. While it's worst loss in the same period (of -8.83%) was on Monday, 29 Oct, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +4.79%) started on 12 Sep, 2018 and went on till 18 Sep, 2018 while the bearish trend (which returned -15.79%) started on 23 Oct, 2018 and went on till 29 Oct, 2018.

The last 12 months saw LLL's investors making profits in 4 months and incurring losses in 8 months. LLL was less consistent in delivering monthly returs than SP500 index. LLL significantly outperformed SP500 index in Jul 2018, when it returned +11.31% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. LLL had a longer winning streak of losing months than SP500 index. It went down in 5 straight months (from Aug 2018 to Dec 2018) during which period it delivered -17.38%. It is interesting to note that both LLL and SP500 index significantly outperform during months when quarterly/annual results are announced.

"Cash combined with courage in a time of crisis is priceless.

LLL 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 LLL's volatility from 10 Sep, 2018 to 30 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 LLL has significant positive skewness in it's return distribution. This indicates that investors can expect LLL to recover from drawdowns quickly. Which makes LLL a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

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

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