LIMONEIRA CO has destroyed investor wealth today. It fell by -1.43% to close at 22.03. It's recent 5 day performance has been -2.4%, -4.02%, -1.16%, -0.74% and -0.49%.
LMNR showed a strong bearish trend over the last 3 months. During this period LMNR fell by -33.76% and saw a maximum drawdown of -33.76%. There was a short signal during this period which returned +13.3%.
LMNR has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 3 Feb, 2016 to 10 Sep, 2018. Over the last 2 years 11 months and 3 days, LMNR outperformed the SP500 index on 51% days.
During the last three months LMNR was mostly loss making and delivered on average -0.62% per day. It's best return during this period (of +2.92%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -16.21%) was on Tuesday, 11 Sep, 2018. The longest stort-term trend during this period was 6 losing days, which started on 29 Nov, 2018 and ended on 7 Dec, 2018. This bearish trend lost -10.24% of investor capital.
During the last year LMNR had 6 profitable months and 6 loss making months. LMNR returned profits in fewer months than SP500 index. LMNR was also a more risky investment than SP500 index as it's worst month in the last year, Sep 2018, returned -15.36% compared to -7.28% returned by SP500 index in Oct 2018. LMNR and SP500 index, both had periods of 6 consecutive profitable months.
There's more honor in investment management than in investment banking.
-- Charlie Munger
LMNR 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 fall in LMNR's volatility from 11 Sep, 2018 to 30 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 LMNR 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.
Based on your interest in LMNR you may find it interesting to know that AMD is a mid cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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