11.29 -0.02 (-0.18%) Sell

Search for alternative investments is on for SLCA investors as it shows weakness

13 min read

U.S. SILICA HOLDINGS, INC. underperformed broader market on Monday. It lost -0.18% to close at 11.29. On a day when the overall market breadth was 34%, it closed higher than 79% of the market. In comparison, the benchmark SP500 index closed today at -0.0191%.

[Themes containing SLCA]

SLCA is currently in a down trend. Over the last three months 2 bearish signals have generated a profit of +49.93% for investors.


SLCA has been underperforming the SP500 index in recent time, after having outperformed till 1 Feb, 2017. Over the last 2 years 11 months and 10 days, SLCA underperformed the SP500 index on 47% days. Which indicates that on days SLCA underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months SLCA was mostly loss making and delivered on average -0.88% per day. It's best return during this period (of +8.61%) was on Wednesday, 14 Nov, 2018. While it's worst loss in the same period (of -12.2%) was on Tuesday, 23 Oct, 2018. There was initially a bearish trend during this period which started on 17 Oct, 2018 and went on till 24 Oct, 2018. The trend delivered -34.79% losses to investors. This was followed by a bullish trend that started on 14 Nov, 2018 and ended on 19 Nov, 2018. This bullish trend delivered +19.21% to investors.

SLCA had 4 profitable and 8 loss making months over the last year. During the last year, SLCA underperformed SP500 index on monthly return basis. SLCA was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -28.68% compared to -7.28% returned by SP500 index in Oct 2018. SLCA 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 -26.86%. It is interesting to note that both SLCA and SP500 index significantly outperform during months when quarterly/annual results are announced.

"After two decades of personal finance reporting, I've heard every excuse in the book for not saving money. That said, none of them really hold up - at least over the long term.

SLCA 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 SLCA's volatility from 24 Sep, 2018 to 23 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 SLCA has significant positive skewness in it's return distribution. This indicates that investors can expect SLCA to recover from drawdowns quickly. Which makes SLCA a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in SLCA you may find it interesting to know that NVCN is highly volatile and investors investing in it must take extreme caution. Consider either reducing your exposure to NVCN or sufficiently diversifying your portfolio.

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