MURPHY OIL CORP

26.98 -0.54 (-2.0%) Sell

MUR investors dump it for better alternatives

13 min read

MUR significantly underperformed today. On a longer term basis, investors in MURPHY OIL CORP made +0.07% per day. Monday's performance of -2.0% was a significant underperformance compared to it's daily average.

[Themes containing MUR]

Buy-and-Hold investors in MUR experienced a maximum drawdown of -24.59% over the last three months. It lost -14.7% during this strong down 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 +9.95%.

Trend

MUR has been underperforming the SP500 index in recent time, after having outperformed till 27 Apr, 2016. Over the last 2 years 11 months and 10 days, MUR underperformed the SP500 index on 51% days.

MUR returned losses on 54% days in the last three months. During this time, it delivered on average -0.22% per day. It delivered it's best daily return of +11.61%, during this period, on Thursday, 11 Oct, 2018. There was initially a bullish trend during this period which started on 26 Sep, 2018 and went on till 1 Oct, 2018. The bullish trend returned +4.09% to investors. This was followed by a bearish trend that started on 4 Dec, 2018 and ended on 11 Dec, 2018. This bearish trend lost -12.93% of investor capital.

MUR had 7 profitable and 5 loss making months over the last year. During the last year, MUR underperformed SP500 index on monthly return basis. MUR was also a more risky investment than SP500 index as it's worst month in the last year, Feb 2018, returned -21.03% compared to -7.28% returned by SP500 index in Oct 2018. MUR had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year.

"Based on my own personal experience - both as an investor in recent years and an expert witness in years past - rarely do more than three or four variables really count. Everything else is noise.

MUR 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 MUR's volatility from 18 Sep, 2018 to 9 Nov, 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 MUR 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 MUR. Therefore, SP500 must receive a lower allocation than MUR in your portfolio. SP500 index usually has shorter drawdown period than MUR.

Based on your interest in MUR you may find it interesting to know that AMRH and NSPR have both shown remarkable performance and deserve to be on every investors' watchlist.

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
Following
Symbol Price {{retType}} | Tr.
{{detail.symbol}} {{detail.close}} {{detail.priceChange}}  {{detail.pctChange}}%  {{detail.name}} {{detail.trend}} 
 
If you liked what you read here ...

... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.

All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.

We want to empower investors with all the tools and analysis required by them to make a rational investment decision.

If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute
Share with friends   WhatsApp   Facebook   Twitter