44.32 +0.15 (+0.34%) Buy

SNY investors update their stop-losses higher

13 min read

SANOFI (Foreign) managed to marginally outperform the broader market on Tuesday. It gained +0.34% to close at 44.32. On a day when the overall market breadth was 35%, it closed higher than 18% of the market. In comparison, the benchmark SP500 index closed today at -0.0004%.

[Themes containing SNY]

SNY is currently in a up trend. Over the last three months 2 bullish signals in SNY have generated a profit of +0.66% for investors.


SNY has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 7 days, SNY underperformed the SP500 index on 51% days.

SNY returned losses on 53% days in the last three months. During this time, it delivered on average +0.04% per day. It delivered it's worst daily return of -4.86%, during this period, on Wednesday, 24 Oct, 2018. There was initially a bullish trend during this period which started on 25 Sep, 2018 and went on till 27 Sep, 2018. The bullish trend returned +3.28% to investors. This was followed by a bearish trend that started on 3 Dec, 2018 and ended on 7 Dec, 2018. This bearish trend lost -4.18% of investor capital.

On monthly basis, SNY delivered profits and losses in equal number of months. SNY delivered profits less regularly than SP500 index. SNY was also a more risky investment than SP500 index as it's worst month in the last year, Feb 2018, returned -10.65% compared to -7.28% returned by SP500 index in Oct 2018. SNY 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 SNY and SP500 index significantly outperform during months when quarterly/annual results are announced.

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SNY 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 SNY's volatility from 19 Sep, 2018 to 26 Oct, 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 SNY has significant positive skewness in it's return distribution. This indicates that investors can expect SNY to recover from drawdowns quickly. Which makes SNY a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in SNY you may find it interesting to know that AMZN is a large cap that has shown remarkable performance and deserves to be on every investors' watchlist.

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