SEAWORLD ENTERTAINMENT, INC. showed marginal outperformance on Tuesday. It increased by +0.43% to close at 27.82. It is currently trading +117% above it's 52 week low of 12.82 and is down only -14% from it's 52 week high.
Buy-and-Hold investors in SEAS experienced a maximum drawdown of -26.78% over the last three months. It fell by -13.33% 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.
SEAS has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 22 Nov, 2017 to 13 Sep, 2018. Over the last 2 years 11 months and 7 days, SEAS outperformed the SP500 index on 52% days.
During the last three months SEAS was mostly loss making and delivered on average -0.19% per day. It's best return during this period (of +7.65%) was on Wednesday, 21 Nov, 2018. While it's worst loss in the same period (of -6.66%) was on Wednesday, 24 Oct, 2018. The longest stort-term trends during this period were 6 profitable and losing days. The bullish trend (which returned +15.54%) started on 21 Nov, 2018 and went on till 29 Nov, 2018 while the bearish trend (which returned -16.5%) started on 17 Oct, 2018 and went on till 24 Oct, 2018.
During the last year SEAS had 8 profitable months and 4 loss making months. Profitable number of months of SEAS and SP500 index were the same. SEAS significantly outperformed SP500 index in Aug 2018, when it returned +37.65% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. SEAS had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year.
"The man who begins to speculate in stocks with the intention of making a fortune usually goes broke, whereas the man who trades with a view of getting good interest on his money sometimes gets rich.
SEAS 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 SEAS's volatility from 14 Sep, 2018 to 7 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 14 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that SEAS has positive skewness in it's return distribution. This indicates that investors can expect SEAS to make attempts to recover from drawdowns quickly. Which makes SEAS a good candidate for momentum based trading on short-term bullish trends or counter-trends.
On a general note (since you are interested in SEAS), if you are an investor in VIPS, you need to be extra careful (consider limiting your exposure or diversifying) as it is extremely unpredictable and therefore risky.
... 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