SEACOR MARINE HOLDINGS INC. significantly underperformed today. It fell by -6.9% to close at 13.49. It's recent 5 day performance has been -4.04%, -1.31%, -1.61%, +4.93% and -1.98%.
SMHI is currently in a bearish trend. Over the last three months 2 bearish signals have generated a profit of +24.61% for investors.
SMHI has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 29 Dec, 2017 to 2 May, 2018. Over the last 1 year and 7 months, SMHI underperformed the SP500 index on 44% days. Which indicates that on days SMHI underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
During the last three months SMHI was mostly loss making and delivered on average -0.64% per day. It's best return during this period (of +8.63%) was on Tuesday, 13 Nov, 2018. While it's worst loss in the same period (of -10.05%) was on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 10 losing days, which started on 27 Nov, 2018 and ended on 11 Dec, 2018. This bearish trend lost -27.97% of investor capital.
During the last year SMHI had 6 profitable months and 6 loss making months. SMHI returned profits in fewer months than SP500 index. SMHI was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -25.01% compared to -7.75% returned by SP500 index in Dec 2018. SMHI had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year. It is interesting to note that both SMHI and SP500 index significantly outperform during months when quarterly/annual results are announced.
An investment in knowledge pays the best interest.
-- Benjamin Franklin
SMHI 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 fall in SMHI's volatility from 19 Sep, 2018 to 20 Sep, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that SMHI has significant positive skewness in it's return distribution. This indicates that investors can expect SMHI to recover from drawdowns quickly. Which makes SMHI a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
... 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