83.53 +1.21 (+1.45%) Sell

Profit booking on the minds of PTC investors as it ranks better than it's peers but, has not managed to breakout

13 min read

PTC INC. was among the best performers today. It returned +1.45% to close at 83.53. During the last week it lost -3.93% and saw a maximum drawdown of -5.3% before bouncing back.

[Themes containing PTC]

Buy-and-Hold investors in PTC experienced a maximum drawdown of -25.66% over the last three months. It lost -18.36% 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 +9.94%.


PTC has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 14 days, PTC outperformed the SP500 index on 54% days.

During the last three months PTC was mostly loss making and delivered on average -0.28% per day. It's best return during this period (of +5.02%) was on Thursday, 1 Nov, 2018. While it's worst loss in the same period (of -8.06%) was on Wednesday, 10 Oct, 2018. There was initially a bullish trend during this period which started on 19 Sep, 2018 and went on till 28 Sep, 2018. The bullish trend returned +3.74% to investors. This was followed by a bearish trend that started on 23 Oct, 2018 and ended on 30 Oct, 2018. This bearish trend lost -15.38% of investor capital.

PTC had 9 profitable and 3 loss making months over the last year. PTC was profitable in more months than SP500 index. PTC was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -22.16% compared to -7.75% returned by SP500 index in Dec 2018. PTC and SP500 index, both had periods of 6 consecutive profitable months.

"The underlying principles of sound investment should not alter from decade to decade, but the application of these principles must be adapted to significant changes in the financial mechanisms and climate.

PTC is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in PTC's volatility from 28 Sep, 2018 to 29 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that PTC 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 PTC. Therefore, SP500 must receive a lower allocation than PTC in your portfolio. SP500 index usually has shorter drawdown period than PTC.

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

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