SUPERIOR INDUSTRIES INTERNATIONAL INC

5.96 -0.37 (-6.29%) Sell

Want to invest in SUP? Avoid as it significantly underperformed

13 min read

SUPERIOR INDUSTRIES INTERNATIONAL INC significantly underperformed on Tuesday. It returned -6.29% to close at 5.96 which is it's 52 week low, down -73% from it's 52 week high.

[Themes containing SUP]

SUP showed a strong down trend over the last 3 months. During this period SUP returned -67.52% and saw a maximum drawdown of -67.61%. There was a short signal during this period which returned +67.52%.

Trend

SUP has been underperforming the SP500 index in recent time, after having outperformed till 27 Jul, 2016. SUP is currently at it's worst performance to the SP500 index and therefore does not make a good investment candidate. Over the last 2 years 11 months and 7 days, SUP underperformed the SP500 index on 50% days. Which indicates that on days SUP underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

SUP returned losses on 72% days in the last three months. During this time, it delivered on average -1.63% per day. It delivered it's worst daily return of -25.15%, during this period, on Friday, 9 Nov, 2018. There was initially a bullish trend during this period which started on 12 Sep, 2018 and went on till 14 Sep, 2018. The bullish trend returned +0.27% to investors. This was followed by a bearish trend that started on 3 Oct, 2018 and ended on 12 Oct, 2018. This bearish trend lost -25.29% of investor capital.

On monthly basis, SUP delivered profits and losses in equal number of months. SUP delivered profits less regularly than SP500 index. SUP was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -41.63% compared to -7.28% returned by SP500 index in Oct 2018. SUP had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year. It is interesting to note that both SUP and SP500 index significantly outperform during months when quarterly/annual results are announced.

"A budget tells us what we can't afford, but it doesn't keep us from buying it.

SUP 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 SUP's volatility from 20 Sep, 2018 to 25 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 SUP 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 SUP. Therefore, SP500 must receive a lower allocation than SUP in your portfolio. SP500 index usually has shorter drawdown period than SUP.

Based on your interest in SUP you may find it interesting to know that TNDM and AMRN have both shown remarkable performance this year and deserve to be on every investors' watchlist.

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