MDC PARTNERS INC

2.95 +0.03 (+1.03%) Sell

MDCA investors looking to add more to current positions

13 min read

MDC PARTNERS INC delivered stellar performance today. It gained +1.03% to close at 2.95. During the last week it returned -8.1% and saw a maximum drawdown of -9.03% before bouncing back.

[Themes containing MDCA]

MDCA is currently in a down trend. The current bearish signal has generated a profit of +31.4% for investors in the last three months.

Trend

MDCA has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 9 days, MDCA underperformed the SP500 index on 53% days.

MDCA returned losses on 65% days in the last three months. During this time, it delivered on average -0.45% per day. It delivered it's best daily return of +31.2%, during this period, on Thursday, 6 Dec, 2018. There was initially a bearish trend during this period which started on 17 Oct, 2018 and went on till 26 Oct, 2018. The trend delivered -23.85% losses to investors. This was followed by a bullish trend that started on 1 Nov, 2018 and ended on 6 Nov, 2018. This bullish trend delivered +28.7% to investors.

On monthly basis, MDCA delivered losses in more months over the last year, than profits. MDCA delivered profits less regularly than SP500 index. MDCA was also a more risky investment than SP500 index as it's worst month in the last year, May 2018, returned -45.03% compared to -7.28% returned by SP500 index in Oct 2018. MDCA had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Jan 2018 to Mar 2018) during which period it delivered -32.39%. It is interesting to note that both MDCA and SP500 index significantly outperform during months when quarterly/annual results are announced.

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MDCA 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 MDCA's volatility from 18 Sep, 2018 to 20 Sep, 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 MDCA has significant positive skewness in it's return distribution. This indicates that investors can expect MDCA to recover from drawdowns quickly. Which makes MDCA 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 MDCA. Therefore, SP500 must receive a lower allocation than MDCA in your portfolio. MDCA usually has shorter drawdown period than the SP500 index.

Based on your interest in MDCA you may find it interesting to know that NIHD and NFEC have both shown remarkable performance this year and deserve to be on every investors' watchlist.

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