VMWARE, INC. delivered massive losses today. It fell by -1.75% to close at 158.58. During the last week it fell by -2.93% and saw a maximum drawdown of -3.6% before bouncing back.
VMW is currently in a bullish trend. Over the last three months 2 bullish signals in VMW have generated a profit of +0.75% for investors.
VMW has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 2 Feb, 2016 to 11 Dec, 2018. Over the last 2 years 11 months and 10 days, VMW outperformed the SP500 index on 54% days.
During the last three months VMW delivered losses on 51% days. However, it still managed to end this period in a profit. It's best return during this period (of +4.97%) was on Wednesday, 28 Nov, 2018. While it's worst loss in the same period (of -4.06%) was on Wednesday, 24 Oct, 2018. The longest stort-term trends during this period were 4 profitable and losing days. The bullish trend (which returned +7.15%) started on 5 Nov, 2018 and went on till 8 Nov, 2018 while the bearish trend (which returned -9.95%) started on 8 Oct, 2018 and went on till 11 Oct, 2018.
During the last year VMW had 7 profitable months and 5 loss making months. VMW returned profits in fewer months than SP500 index. VMW significantly outperformed SP500 index in Nov 2018, when it returned +18.35% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. VMW had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.
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VMW 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 VMW's volatility from 4 Oct, 2018 to 6 Dec, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that VMW has significant positive skewness in it's return distribution. This indicates that investors can expect VMW to recover from drawdowns quickly. Which makes VMW a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Investors trading in VMW derivatives at this moment can consider 'Covered Call' options strategy to receive better risk-adjusted returns.
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