RGC RESOURCES INC outperformed the broader market today. It increased by +2.07% to close at 27.66. During the last week it increased by +0.66% and saw a maximum drawdown of -1.67% before bouncing back.
Buy-and-Hold investors in RGCO experienced a maximum drawdown of -8.17% over the last three months. It increased by +5.09% during this bullish trending period. There were both Long and Short signals during this period, while the long signals were significantly more profitable than the short signals.
RGCO has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 26 Apr, 2016 to 11 Oct, 2017. Over the last 2 years 11 months and 10 days, RGCO outperformed the SP500 index on 52% days.
During the last three months RGCO was mostly profitable and delivered on average +0.1% per day. It's best return during this period (of +3.93%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -5.75%) was on Wednesday, 24 Oct, 2018. The longest stort-term trend during this period was 7 profitable days, which started on 8 Oct, 2018 and went on till 16 Oct, 2018. This bullish trend returned +8.72% to investors.
The last 12 months saw RGCO's investors making profits in 7 months and incurring losses in 5 months. RGCO was less consistent in delivering monthly returs than SP500 index. RGCO significantly outperformed SP500 index in Jun 2018, when it returned +10.32% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. RGCO had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year.
Financial support is one thing, but I always think what becomes really sacrificial is your time.
-- Cliff Richard
RGCO 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 fall in RGCO's volatility from 25 Oct, 2018 to 12 Nov, 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 RGCO 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.
Based on your interest in RGCO you may find it interesting to know that AMD is a mid cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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