16.75 0.0 (0.0%) Sell

Looking to invest in PPC? Look for alternatives because it ranked worse than it's peers

13 min read

PILGRIMS PRIDE CORP ranked worse than it's peers on Tuesday. It fell by 0.0% to close at 16.75. On a day when the overall market breadth was 35%, it closed higher than 10% of the market. In comparison, the benchmark SP500 index closed today at -0.0004%.

[Themes containing PPC]

PPC showed a strong bearish trend over the last 3 months. During this period PPC fell by -12.12% and saw a maximum drawdown of -16.04%. There were 2 short signals during this period that returned a cumulative of +1.5% to investors.


PPC has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 6 Dec, 2017 to 1 Oct, 2018. Over the last 2 years 11 months and 7 days, PPC underperformed the SP500 index on 48% days. Which indicates that on days PPC underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months PPC was mostly loss making and delivered on average -0.18% per day. It's best return during this period (of +7.42%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -7.89%) was on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 5 losing days, which started on 3 Dec, 2018 and ended on 10 Dec, 2018. This bearish trend lost -16.48% of investor capital.

During the last year PPC had 4 profitable months and 8 loss making months. PPC returned profits in fewer months than SP500 index. PPC was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -15.57% compared to -7.28% returned by SP500 index in Oct 2018. PPC had a longer winning streak of losing months than SP500 index. It went down in 5 straight months (from Jan 2018 to May 2018) during which period it delivered -39.42%.

Believe you can and you're halfway there.
-- Theodore Roosevelt

PPC 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 fall in PPC's volatility from 1 Nov, 2018 to 3 Dec, 2018. While there was a significant surge in the SP500 index's volatility from 14 Sep, 2018 to 29 Oct, 2018.

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

On a general note (since you are interested in PPC), I has performed really well this year and deserves to be closely tracked for investment opportunities.

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