UMH PROPERTIES, INC. delivered stellar performance on Thursday. It gained +1.09% to close at 12.94. It is currently trading -21% below it's 52 week high of 16.56.
UMH showed a strong down trend over the last 3 months. During this period UMH lost -17.05% and saw a maximum drawdown of -21.25%. There was a short signal during this period which returned +17.05%.
UMH has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 9 days, UMH outperformed the SP500 index on 50% days. Which indicates that on days UMH outperforms the SP500 index, it's performance is marginally better than on the days it underperforms the SP500 index.
UMH returned losses on 56% days in the last three months. During this time, it delivered on average -0.28% per day. It delivered it's worst daily return of -6.67%, during this period, on Friday, 2 Nov, 2018. There was initially a bullish trend during this period which started on 25 Sep, 2018 and went on till 28 Sep, 2018. The bullish trend returned +1.42% to investors. This was followed by a bearish trend that started on 21 Nov, 2018 and ended on 28 Nov, 2018. This bearish trend lost -4.41% of investor capital.
UMH had 5 profitable and 7 loss making months over the last year. During the last year, UMH underperformed SP500 index on monthly return basis. UMH significantly outperformed SP500 index in Mar 2018, when it returned +14.91% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. UMH had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year.
I'm involved in the stock market, which is fun and, sometimes, very painful.
-- Regis Philbin
UMH 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 surge in UMH's volatility from 2 Oct, 2018 to 2 Nov, 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 UMH 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.
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