7.26 +0.17 (+2.4%) Sell

Are you evaluating investing in LXRX? Consider as it is looking better than most other alternatives

13 min read

LEXICON PHARMACEUTICALS, INC. delivered good returns today. It grew by +2.4% to close at 7.26. It's recent 5 day performance has been -4.19%, +4.23%, -0.7%, +0.56% and -3.27%.

[Themes containing LXRX]

LXRX showed a strong down trend over the last 3 months. During this period LXRX lost -32.9% and saw a maximum drawdown of -37.26%. There was a short signal during this period which returned +32.9%.


LXRX has been underperforming the SP500 index in recent time, after having outperformed till 20 Sep, 2016. Over the last 2 years 11 months and 10 days, LXRX underperformed the SP500 index on 49% days. Which indicates that on days LXRX underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months LXRX was mostly loss making and delivered on average -0.56% per day. It's best return during this period (of +10.26%) was on Wednesday, 28 Nov, 2018. While it's worst loss in the same period (of -7.65%) was on Friday, 23 Nov, 2018. There was initially a bearish trend during this period which started on 4 Oct, 2018 and went on till 11 Oct, 2018. The trend delivered -14.45% losses to investors. This was followed by a bullish trend that started on 1 Nov, 2018 and ended on 5 Nov, 2018. This bullish trend delivered +11.83% to investors.

LXRX had 4 profitable and 8 loss making months over the last year. During the last year, LXRX underperformed SP500 index on monthly return basis. LXRX significantly outperformed SP500 index in May 2018, when it returned +40.61% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. LXRX had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from Jul 2018 to Oct 2018) during which period it delivered -42.67%.

"The avoidance of taxes is the only intellectual pursuit that still carries any reward.

LXRX is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in LXRX's volatility from 17 Sep, 2018 to 25 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 LXRX 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 LXRX. Therefore, SP500 must receive a lower allocation than LXRX in your portfolio. SP500 index usually has shorter drawdown period than LXRX.

On a general note (since you are interested in LXRX), two large cap instruments that deserve special mention are AMZN and MSFT. They have significantly outperformed the overall market.

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