14.75 +0.15 (+1.03%) Buy

Profit booking on the minds of QIWI investors as it marginally outperforms

13 min read

QIWI (Foreign) managed to marginally outperform the broader market on Wednesday. It gained +1.03% to close at 14.75. It is currently trading -22% below it's 52 week high of 19.15.

[Themes containing QIWI]

QIWI is currently in a up trend. The current bullish signal has generated a profit of +4.24% for QIWI's investors in the last three months.


QIWI has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 8 days, QIWI underperformed the SP500 index on 50% days. Which indicates that on days QIWI underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

QIWI returned losses on 53% days in the last three months. During this time, it delivered on average +0.26% per day. It delivered it's best daily return of +10.98%, during this period, on Wednesday, 14 Nov, 2018. There was initially a bearish trend during this period which started on 4 Oct, 2018 and went on till 10 Oct, 2018. The trend delivered -12.47% losses to investors. This was followed by a bullish trend that started on 18 Oct, 2018 and ended on 23 Oct, 2018. This bullish trend delivered +6.76% to investors.

On monthly basis, QIWI delivered losses in more months over the last year, than profits. QIWI delivered profits less regularly than SP500 index. QIWI significantly outperformed SP500 index in Nov 2018, when it returned +13.94% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. QIWI had a longer winning streak of losing months than SP500 index. It went down in 5 straight months (from May 2018 to Sep 2018) during which period it delivered -35.96%. It is interesting to note that both QIWI and SP500 index significantly outperform during months when quarterly/annual results are announced.

"I believe that through knowledge and discipline, financial peace is possible for all of us.

QIWI 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 fall in QIWI's volatility from 13 Sep, 2018 to 13 Nov, 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 QIWI 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 QIWI. Therefore, SP500 must receive a lower allocation than QIWI in your portfolio. SP500 index usually has shorter drawdown period than QIWI.

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

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