OLD REPUBLIC INTERNATIONAL CORP

21.61 +0.18 (+0.84%) Buy

ORI investors holding on and letting their profits run

13 min read

OLD REPUBLIC INTERNATIONAL CORP delivered stellar performance today. It gained +0.84% to close at 21.61. It's recent 5 day performance has been -0.56%, -2.44%, -0.27%, -2.98% and +1.24%.

[Themes containing ORI]

ORI is currently in a up trend. The previous long signal in ORI has not been profitable for investors in general. If you are invested in ORI at current levels please make sure that your allocation is limited and that your portfolio is well diversified.

Trend

ORI has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 7 days, ORI underperformed the SP500 index on 48% days. Which indicates that on days ORI underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

ORI returned losses on 59% days in the last three months. During this time, it delivered on average -0.05% per day. It delivered it's best daily return of +7.91%, during this period, on Thursday, 25 Oct, 2018. There was initially a bearish trend during this period which started on 9 Oct, 2018 and went on till 15 Oct, 2018. The trend delivered -7.67% losses to investors. This was followed by a bullish trend that started on 25 Oct, 2018 and ended on 31 Oct, 2018. This bullish trend delivered +10.82% to investors.

On monthly basis, ORI delivered profits in more months over the last year, than losses. ORI delivered profits less regularly than SP500 index. ORI significantly outperformed SP500 index in Jul 2018, when it returned +7.09% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ORI had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
-- Charles Dickens

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

Based on your interest in ORI you may find it interesting to know that HQY, BURL and ZBRA are small caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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