QUALYS, INC. has destroyed investor wealth on Friday. It delivered -3.37% to close at 75.65. It is currently trading -22% below it's 52 week high of 97.05.
QLYS showed a strong bearish trend over the last 3 months. During this period QLYS delivered -18.3% and saw a maximum drawdown of -27.41%. There was a short signal during this period which returned +2.51%.
QLYS has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 9 Feb, 2016 to 18 Jun, 2018. Over the last 2 years 11 months and 3 days, QLYS outperformed the SP500 index on 55% days.
During the last three months QLYS was mostly loss making and delivered on average -0.27% per day. It's best return during this period (of +5.15%) was on Wednesday, 7 Nov, 2018. While it's worst loss in the same period (of -7.34%) was on Monday, 19 Nov, 2018. The longest stort-term trend during this period was 6 losing days, which started on 4 Oct, 2018 and ended on 11 Oct, 2018. This bearish trend lost -18.78% of investor capital.
The last 12 months saw QLYS's investors making profits in 7 months and incurring losses in 5 months. QLYS was less consistent in delivering monthly returs than SP500 index. QLYS significantly outperformed SP500 index in Feb 2018, when it returned +18.48% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. QLYS had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year.
Making money from enforcing patents is no more wrong than investing in preferred stock.
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QLYS 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 surge in QLYS's volatility from 11 Sep, 2018 to 20 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 10 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that QLYS has significant positive skewness in it's return distribution. This indicates that investors can expect QLYS to recover from drawdowns quickly. Which makes QLYS a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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