1.7 -0.08 (-4.49%) Sell

Doubt in the minds of TTI investors as it significantly underperforms

13 min read

TETRA TECHNOLOGIES INC significantly underperformed on Monday. It fell by -4.49% to close at 1.7 which is it's 52 week low, down -66% from it's 52 week high.

[Themes containing TTI]

TTI is currently in a bearish trend. The current bearish signal has generated a profit of +59.33% for investors in the last three months.


TTI has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 4 Jan, 2016 to 3 Dec, 2018. Over the last 2 years 11 months and 10 days, TTI underperformed the SP500 index on 53% days.

TTI returned losses on 71% days in the last three months. During this time, it delivered on average -1.44% per day. It delivered it's worst daily return of -7.32%, during this period, on Monday, 26 Nov, 2018. The longest stort-term trend during this period was 6 losing days, which started on 1 Oct, 2018 and ended on 8 Oct, 2018. This bearish trend lost -13.08% of investor capital.

During the last year TTI had 5 profitable months and 7 loss making months. TTI returned profits in fewer months than SP500 index. TTI was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -32.96% compared to -7.28% returned by SP500 index in Oct 2018. TTI had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year.

You know you are on the road to success if you would do your job, and not be paid for it.
-- Oprah Winfrey

TTI is currently seeing overall fall in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in TTI's volatility from 19 Sep, 2018 to 30 Oct, 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 TTI 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 TTI. Therefore, SP500 must receive a lower allocation than TTI in your portfolio. SP500 index usually has shorter drawdown period than TTI.

On a general note (since you are interested in TTI), LULU is a mid cap that deserves to be closely tracked for investment opportunities.

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