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%.
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 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.
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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