19.74 -0.86 (-4.36%) Sell

VICI investors dump it for better alternatives

13 min read

VICI PROPERTIES INC. delivered massive losses today. It lost -4.36% to close at 19.74. During the last week it lost -5.73% and saw a maximum drawdown of -5.73%.

[Themes containing VICI]

VICI is currently in a down trend. Over the last three months trading short signals has not been a profitable strategy for VICI's investors in general. However, this strategy had significantly lower risk when compared to Buy-and-Hold investing (which returned -8.14%). It is therefore better to tread with caution in the current downtrend by limiting your allocation to VICI.


VICI has been underperforming the SP500 index in recent time, after having outperformed till 27 Nov, 2018. Over the last 11 months and 10 days, VICI outperformed the SP500 index on 52% days.

VICI was profitable on 50% days in the last three months. During this time, it delivered on average -0.13% per day. It delivered it's worst daily return of -4.36%, during this period, on Monday, 17 Dec, 2018. There was initially a bullish trend during this period which started on 12 Oct, 2018 and went on till 19 Oct, 2018. The bullish trend returned +4.81% to investors. This was followed by a bearish trend that started on 8 Nov, 2018 and ended on 15 Nov, 2018. This bearish trend lost -4.61% of investor capital.

VICI had 7 profitable and 5 loss making months over the last year. During the last year, VICI underperformed SP500 index on monthly return basis. VICI was also a more risky investment than SP500 index as it's worst month in the last year, Feb 2018, returned -11.14% compared to -7.28% returned by SP500 index in Oct 2018. VICI had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year.

Greed is not a financial issue. It's a heart issue.
-- Andy Stanley

VICI 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 VICI's volatility from 21 Sep, 2018 to 2 Nov, 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 VICI 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 VICI. Therefore, SP500 must receive a lower allocation than VICI in your portfolio. SP500 index usually has shorter drawdown period than VICI.

Based on your interest in VICI you may find it interesting to know that ICPT is highly volatile and investors investing in it must take extreme caution. Consider either reducing your exposure to ICPT or sufficiently diversifying your portfolio.

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