TRINET GROUP INC is looking better than most other alternatives today. It grew by +0.02% to close at 42.33. During the last week it lost -1.08% and saw a maximum drawdown of -3.23% before bouncing back.
TNET is currently in a down trend. The current bearish signal has generated a profit of +22.4% for investors in the last three months.
During the last three months TNET was mostly loss making and delivered on average -0.38% per day. It's best return during this period (of +5.81%) was on Wednesday, 28 Nov, 2018. While it's worst loss in the same period (of -7.34%) was on Tuesday, 4 Dec, 2018. There was initially a bullish trend during this period which started on 20 Sep, 2018 and went on till 26 Sep, 2018. The bullish trend returned +6.35% to investors. This was followed by a bearish trend that started on 9 Nov, 2018 and ended on 14 Nov, 2018. This bearish trend lost -7.14% of investor capital.
TNET had 6 profitable and 6 loss making months over the last year. During the last year, TNET underperformed SP500 index on monthly return basis. TNET was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -15.04% compared to -7.28% returned by SP500 index in Oct 2018. TNET had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from Sep 2018 to Dec 2018) during which period it delivered -29.8%.
Empty pockets never held anyone back. Only empty heads and empty hearts can do that.
-- Norman Vincent Peale
TNET 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 TNET's volatility from 18 Sep, 2018 to 31 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 13 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that TNET has significant positive skewness in it's return distribution. This indicates that investors can expect TNET to recover from drawdowns quickly. Which makes TNET a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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