SAP SE (Foreign) ranked among the worst performers today. It delivered -0.78% to close at 100.72. During the last week it delivered -2.85% and saw a maximum drawdown of -4.34% before bouncing back.
Buy-and-Hold investors in SAP experienced a maximum drawdown of -21.03% over the last three months. It delivered -14.83% during this strong bearish trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals.
SAP has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 5 Jul, 2016 to 1 Nov, 2017. Over the last 2 years 11 months and 3 days, SAP underperformed the SP500 index on 45% days. Which indicates that on days SAP underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
During the last three months SAP was mostly loss making and delivered on average -0.23% per day. It's best return during this period (of +3.74%) was on Tuesday, 25 Sep, 2018. While it's worst loss in the same period (of -7.58%) was on Thursday, 18 Oct, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 10 Sep, 2018 and went on till 14 Sep, 2018. This bullish trend returned +2.64% to investors.
The last 12 months saw SAP's investors making profits in 8 months and incurring losses in 4 months. During the last year, SAP and SP500 index had the same number of profitable months. SAP was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -12.99% compared to -7.28% returned by SP500 index in Oct 2018. SAP had a longer winning streak of profitable months than SP500 index. It went up in 7 straight months (from Mar 2018 to Sep 2018) during which period it delivered +18.77%.
I will never be in the stock market. It's just gambling. I'm a gambler, but I'll gamble on the practicality of things.
-- Jeremy Renner
SAP 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 SAP's volatility from 10 Sep, 2018 to 29 Oct, 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 SAP has significant positive skewness in it's return distribution. This indicates that investors can expect SAP to recover from drawdowns quickly. Which makes SAP a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Based on your interest in SAP you may find it interesting to know that EHC is a small cap that has shown remarkable performance and deserves to be on every investors' watchlist.
... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.
All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.
We want to empower investors with all the tools and analysis required by them to make a rational investment decision.If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute