43.49 +0.03 (+0.07%) Buy

Profit booking on the minds of SONC investors as it ranks better than it's peers but, has not managed to breakout

13 min read

SONIC CORP is looking better than most other alternatives today. It grew by +0.07% to close at 43.49. During the last week it grew by +0.07% and saw a maximum drawdown of -0.02% before bouncing back.

[Themes containing SONC]

SONC is currently in a up trend. Over the last three months 2 bullish signals in SONC have generated a profit of +18.62% for investors.


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

During the last three months SONC delivered losses on 55% days. However, it still managed to end this period in a profit. It's best return during this period (of +18.71%) was on Tuesday, 25 Sep, 2018. While it's worst loss in the same period (of -2.34%) was on Friday, 21 Sep, 2018. There was initially a bearish trend during this period which started on 9 Oct, 2018 and went on till 11 Oct, 2018. The trend delivered -0.28% losses to investors. This was followed by a bullish trend that started on 12 Nov, 2018 and ended on 19 Nov, 2018. This bullish trend delivered +0.11% to investors.

SONC had 9 profitable and 3 loss making months over the last year. SONC was profitable in more months than SP500 index. SONC significantly outperformed SP500 index in Jun 2018, when it returned +41.76% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. SONC had a longer winning streak of profitable months than SP500 index. It went up in 7 straight months (from Jun 2018 to Dec 2018) during which period it delivered +66.61%. It is interesting to note that both SONC and SP500 index significantly outperform during months when quarterly/annual results are announced.

"Based on my own personal experience - both as an investor in recent years and an expert witness in years past - rarely do more than three or four variables really count. Everything else is noise.

SONC is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant fall in SONC's volatility from 25 Sep, 2018 to 6 Dec, 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 SONC has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.

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

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

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