ORANGE (FOREIGN)

16.46 -0.04 (-0.24%) Buy

Search for alternative investments is on for ORAN investors as it shows weakness

13 min read

ORAN is a falling knife that can bleed you if you catch it today. On a longer term basis, investors in ORANGE (Foreign) made +0.04% per day. Tuesday's performance of -0.24% was a underperformance compared to it's daily average.

[Themes containing ORAN]

Buy-and-Hold investors in ORAN experienced a maximum drawdown of -4.46% over the last three months. It increased by +3.0% during this bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals.

Trend

ORAN has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 3 Feb, 2016 to 2 Oct, 2018. Over the last 2 years 11 months and 7 days, ORAN underperformed the SP500 index on 52% days.

During the last three months ORAN delivered losses on 57% days. However, it still managed to end this period in a profit. It's best return during this period (of +3.11%) was on Wednesday, 7 Nov, 2018. While it's worst loss in the same period (of -1.96%) was on Friday, 12 Oct, 2018. The longest stort-term trend during this period was 4 profitable days, which started on 26 Nov, 2018 and went on till 29 Nov, 2018. This bullish trend returned +2.7% to investors.

The last 12 months saw ORAN's investors making profits in 5 months and incurring losses in 7 months. ORAN was less consistent in delivering monthly returs than SP500 index. ORAN significantly outperformed SP500 index in Apr 2018, when it returned +7.82% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ORAN 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 -7.97%. It is interesting to note that both ORAN and SP500 index significantly outperform during months when quarterly/annual results are announced.

If you do chose to invest in a share, invest for the lifetime.
-- Sandeep Sahajpal

ORAN is currently seeing overall increase in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in ORAN's volatility from 13 Sep, 2018 to 29 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 ORAN 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 ORAN. Therefore, SP500 must receive a lower allocation than ORAN in your portfolio. SP500 index usually has shorter drawdown period than ORAN.

On a general note (since you are interested in ORAN), LULU is a mid cap that deserves to be closely tracked for investment opportunities.

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