22.68 +0.11 (+0.49%) Sell

Are you evaluating investing in PETS? Consider as it performed better than the broader market

13 min read

PETMED EXPRESS INC was among the best performers today. It returned +0.49% to close at 22.68. It's recent 5 day performance has been -2.0%, -0.26%, -0.52%, +3.52% and -4.88%.

[Themes containing PETS]

PETS showed a strong down trend over the last 3 months. During this period PETS lost -38.47% and saw a maximum drawdown of -39.91%. There was a short signal during this period which returned +38.47%.


PETS has been underperforming the SP500 index in recent time, after having outperformed till 26 Jul, 2017. Over the last 2 years 11 months and 10 days, PETS outperformed the SP500 index on 52% days.

During the last three months PETS was mostly loss making and delivered on average -0.73% per day. It's best return during this period (of +9.47%) was on Monday, 22 Oct, 2018. While it's worst loss in the same period (of -6.87%) was on Thursday, 29 Nov, 2018. There was initially a bearish trend during this period which started on 19 Sep, 2018 and went on till 3 Oct, 2018. The trend delivered -19.25% losses to investors. This was followed by a bullish trend that started on 26 Nov, 2018 and ended on 28 Nov, 2018. This bullish trend delivered +3.5% to investors.

PETS had 2 profitable and 10 loss making months over the last year. During the last year, PETS underperformed SP500 index on monthly return basis. PETS significantly outperformed SP500 index in Jun 2018, when it returned +22.46% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. PETS had a longer winning streak of losing months than SP500 index. It went down in 6 straight months (from Jul 2018 to Dec 2018) during which period it delivered -62.02%.

If you are standing on the platform when the train has pulled away, It's not going to back up for you. When a bull market takes off, It's not going to back up for you.
-- Don Connelly

PETS 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 PETS's volatility from 19 Sep, 2018 to 26 Oct, 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 PETS 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 PETS. Therefore, SP500 must receive a lower allocation than PETS in your portfolio. SP500 index usually has shorter drawdown period than PETS.

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

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