14.88 0.0 (0.0%) Sell

UNFI continues its fall as more investors loose confidence

13 min read

UNITED NATURAL FOODS INC performed worse than the broader market today. It returned 0.0% to close at 14.88. It's recent 5 day performance has been +32.59%, +2.99%, +2.51%, +3.74% and +4.49%.

[Themes containing UNFI]

UNFI is currently in a down trend. The current bearish signal has generated a profit of +56.35% for investors in the last three months.


UNFI has been underperforming the SP500 index in recent time, after having outperformed till 26 Jul, 2016. UNFI 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 3 days, UNFI underperformed the SP500 index on 49% days. Which indicates that on days UNFI underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months UNFI was mostly loss making and delivered on average -1.23% per day. It's best return during this period (of +3.72%) was on Thursday, 8 Nov, 2018. While it's worst loss in the same period (of -24.58%) was on Friday, 7 Dec, 2018. There was initially a bearish trend during this period which started on 19 Oct, 2018 and went on till 31 Oct, 2018. The trend delivered -20.9% losses to investors. This was followed by a bullish trend that started on 1 Nov, 2018 and ended on 12 Nov, 2018. This bullish trend delivered +10.68% to investors.

On monthly basis, UNFI delivered losses in more months over the last year, than profits. UNFI delivered profits less regularly than SP500 index. UNFI was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -31.14% compared to -7.28% returned by SP500 index in Oct 2018. UNFI 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 -74.09%.

An investment in knowledge pays the best interest.
-- Benjamin Franklin

UNFI 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 UNFI's volatility from 18 Sep, 2018 to 7 Dec, 2018. While there was a significant surge in the SP500 index's volatility from 10 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that UNFI has significant positive skewness in it's return distribution. This indicates that investors can expect UNFI to recover from drawdowns quickly. Which makes UNFI a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

SP500 index has more chance of extreme outcomes than UNFI. Therefore, SP500 must receive a lower allocation than UNFI in your portfolio. UNFI usually has shorter drawdown period than the SP500 index.

On a general note (since you are interested in UNFI), two instruments that deserve special mention are AMRN and NFEC. They have significantly outperformed the overall market this year.

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