Joy for RCI investors as it ranks better than it's peers but, has not managed to breakout

ROGERS COMMUNICATIONS INC (Foreign) ranked better than it's peers on Tuesday. It delivered +0.44% to close at 52.5. It is currently trading +20% above it's 52 week low of 43.68 and is down only -2% from it's 52 week high.

[Themes containing RCI]

Buy-and-Hold investors in RCI experienced a maximum drawdown of -5.03% over the last three months. It delivered +1.59% during this bullish trending period. There were both Long and Short signals during this period, while the long signals were marginally more profitable than the short signals.

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Monthly Performance

Alpha (outperformance)

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Return distribution

RCI has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 8 Sep, 2017 to 13 Mar, 2018. Over the last 2 years 11 months and 14 days, RCI outperformed the SP500 index on 52% days.

During the last three months RCI was mostly profitable and delivered on average +0.03% per day. It's best return during this period (of +3.26%) was on Tuesday, 13 Nov, 2018. While it's worst loss in the same period (of -2.76%) was on Tuesday, 20 Nov, 2018. The longest stort-term trend during this period was 8 profitable days, which started on 7 Nov, 2018 and went on till 16 Nov, 2018. This bullish trend returned +6.13% to investors.

During the last year RCI had 6 profitable months and 6 loss making months. RCI returned profits in fewer months than SP500 index. RCI was also a less risky investment than SP500 index as it's worst month in the last year, Feb 2018, returned -7.6% compared to -7.75% returned by SP500 index in Dec 2018. RCI had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year. It is interesting to note that both RCI and SP500 index significantly outperform during months when quarterly/annual results are announced.

Not everything that can be counted counts, and not everything that counts can be counted.
-- Albert Einstein

RCI is currently seeing overall fall in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in RCI's volatility from 8 Oct, 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 RCI has significant positive skewness in it's return distribution. This indicates that investors can expect RCI to recover from drawdowns quickly. Which makes RCI 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 RCI. Therefore, SP500 must receive a lower allocation than RCI in your portfolio. SP500 index usually has shorter drawdown period than RCI.

Based on your interest in RCI you may find it interesting to know that ZBRA is a small cap that has shown remarkable performance and deserves to be on every investors' watchlist.