MDU RESOURCES GROUP INC delivered massive losses today. It returned -0.15% to close at 26.01. It's recent 5 day performance has been +0.15%, +0.74%, -2.57%, -1.19% and +1.32%.
MDU is currently in a up trend. Over the last three months trading long signals has not been a profitable strategy for MDU's investors in general. However, this strategy had significantly lower risk when compared to Buy-and-Hold investing (which returned -4.34%). It is therefore better to tread with caution in the current uptrend by limiting your allocation to MDU.
During the last three months MDU was mostly loss making and delivered on average -0.06% per day. It's best return during this period (of +3.85%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -2.84%) was on Wednesday, 19 Sep, 2018. There was initially a bearish trend during this period which started on 21 Sep, 2018 and went on till 26 Sep, 2018. The trend delivered -3.92% losses to investors. This was followed by a bullish trend that started on 15 Oct, 2018 and ended on 22 Oct, 2018. This bullish trend delivered +3.76% to investors.
On monthly basis, MDU delivered losses in more months over the last year, than profits. MDU delivered profits less regularly than SP500 index. MDU was also a more risky investment than SP500 index as it's worst month in the last year, Sep 2018, returned -7.89% compared to -7.28% returned by SP500 index in Oct 2018. MDU had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Aug 2018 to Oct 2018) during which period it delivered -14.03%. It is interesting to note that both MDU and SP500 index significantly outperform during months when quarterly/annual results are announced.
Buy when everyone else is selling and hold until everyone else is buying. That's not just a catchy slogan. It's the very essence of successful investing.
-- J. Paul Getty
MDU 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 MDU's volatility from 18 Sep, 2018 to 5 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 13 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that MDU has significant positive skewness in it's return distribution. This indicates that investors can expect MDU to recover from drawdowns quickly. Which makes MDU a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Based on your interest in MDU you may find it interesting to know that PFE is a large cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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