RPC INC

11.04 +0.01 (+0.09%) Sell

RES investors elated by performance

13 min read

RES was among the best performers today. On a longer term basis, investors in RPC INC made 0.0% per day. Monday's performance of +0.09% was a significant outperformance compared to it's daily average.

[Themes containing RES]

Buy-and-Hold investors in RES experienced a maximum drawdown of -34.77% over the last three months. It lost -28.13% 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 +13.25%.

Trend

RES has been underperforming the SP500 index in recent time, after having outperformed till 6 Nov, 2017. Over the last 2 years 11 months and 10 days, RES underperformed the SP500 index on 49% days. Which indicates that on days RES underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months RES was mostly loss making and delivered on average -0.48% per day. It's best return during this period (of +6.09%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -6.84%) was on Friday, 30 Nov, 2018. There was initially a bullish trend during this period which started on 18 Sep, 2018 and went on till 25 Sep, 2018. The bullish trend returned +4.23% to investors. This was followed by a bearish trend that started on 17 Oct, 2018 and ended on 24 Oct, 2018. This bearish trend lost -17.6% of investor capital.

RES had 3 profitable and 9 loss making months over the last year. During the last year, RES underperformed SP500 index on monthly return basis. RES was also a more risky investment than SP500 index as it's worst month in the last year, Jan 2018, returned -22.37% compared to -7.28% returned by SP500 index in Oct 2018. RES had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Jan 2018 to Mar 2018) during which period it delivered -33.34%. It is interesting to note that both RES and SP500 index significantly outperform during months when quarterly/annual results are announced.

"You have venture capitalists. We view them as experts who also help finance your company and give directions and also some pretty candid discussions about what you have to do better.

RES 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 RES's volatility from 25 Sep, 2018 to 26 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that RES has significant negative skewness in it's return distribution. This indicates that RES is very risky for short-term investment and can significantly underperform for long durations.

RES has more chance of extreme outcomes than the SP500 index. Therefore, RES must receive a lower allocation than SP500 in your portfolio. SP500 index usually has shorter drawdown period than RES.

Based on your interest in RES you may find it interesting to know that BID has delivered similar performance as RES and can be considered as an alternative investment candidate (to RES).

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