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.
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.
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.
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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