RLJ LODGING TRUST significantly underperformed today. It lost -1.1% to close at 18.96. It's recent 5 day performance has been -1.84%, -2.35%, +0.81%, -3.55% and +1.13%.
RLJ is currently in a down trend. Over the last three months 3 bearish signals have generated a profit of +5.21% for investors.
RLJ has been underperforming the SP500 index in recent time, after having outperformed till 4 Mar, 2016. Over the last 2 years 11 months and 7 days, RLJ underperformed the SP500 index on 48% days. Which indicates that on days RLJ underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
During the last three months RLJ was mostly loss making and delivered on average -0.25% per day. It's best return during this period (of +4.27%) was on Wednesday, 7 Nov, 2018. While it's worst loss in the same period (of -4.44%) was on Thursday, 4 Oct, 2018. There was initially a bearish trend during this period which started on 21 Sep, 2018 and went on till 27 Sep, 2018. The trend delivered -3.53% losses to investors. This was followed by a bullish trend that started on 30 Oct, 2018 and ended on 1 Nov, 2018. This bullish trend delivered +2.49% to investors.
RLJ had 6 profitable and 6 loss making months over the last year. During the last year, RLJ underperformed SP500 index on monthly return basis. RLJ was also a more risky investment than SP500 index as it's worst month in the last year, Feb 2018, returned -14.32% compared to -7.28% returned by SP500 index in Oct 2018. RLJ had a shorter streak of profitable months than SP500 index. It only went up in 2 straight months during the last year. It is interesting to note that both RLJ and SP500 index significantly outperform during months when quarterly/annual results are announced.
An investment in knowledge pays the best interest.
-- Benjamin Franklin
RLJ is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in RLJ's volatility from 14 Sep, 2018 to 7 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 RLJ has significant positive skewness in it's return distribution. This indicates that investors can expect RLJ to recover from drawdowns quickly. Which makes RLJ a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Based on your interest in RLJ you may find it interesting to know that V is a large cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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