16.07 +0.09 (+0.56%) Sell

MTSI investors update their stop-losses higher

13 min read

MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC. ranked better than it's peers on Wednesday. It delivered +0.56% to close at 16.07. It is currently trading -56% below it's 52 week high of 37.13.

[Themes containing MTSI]

Buy-and-Hold investors in MTSI experienced a maximum drawdown of -39.98% over the last three months. It fell by -18.8% during this strong bearish trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +7.03%.


MTSI has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 26 Jul, 2017 to 9 Oct, 2018. Over the last 2 years 11 months and 8 days, MTSI underperformed the SP500 index on 48% days. Which indicates that on days MTSI underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months MTSI was mostly loss making and delivered on average -0.22% per day. It's best return during this period (of +18.56%) was on Wednesday, 14 Nov, 2018. While it's worst loss in the same period (of -9.27%) was on Thursday, 6 Dec, 2018. The longest stort-term trends during this period were 6 profitable and losing days. The bullish trend (which returned +12.89%) started on 13 Sep, 2018 and went on till 20 Sep, 2018 while the bearish trend (which returned -23.55%) started on 4 Oct, 2018 and went on till 11 Oct, 2018.

During the last year MTSI had 5 profitable months and 7 loss making months. MTSI returned profits in fewer months than SP500 index. MTSI significantly outperformed SP500 index in May 2018, when it returned +35.68% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. MTSI had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

I'm a great believer in luck, and I find the harder I work the more I have of it.
-- Thomas Jefferson

MTSI 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 MTSI's volatility from 17 Sep, 2018 to 25 Oct, 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 MTSI has significant positive skewness in it's return distribution. This indicates that investors can expect MTSI to recover from drawdowns quickly. Which makes MTSI 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 MTSI. Therefore, SP500 must receive a lower allocation than MTSI in your portfolio. MTSI usually has shorter drawdown period than the SP500 index.

Based on your interest in MTSI you may find it interesting to know that PRQR has shown remarkable performance this year and deserves to be on every investors' watchlist.

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