8.84 +0.1 (+1.14%) Sell

WAIR investors looking to add more to current positions

13 min read

WESCO AIRCRAFT HOLDINGS, INC was among the best performers today. It returned +1.14% to close at 8.84. It's recent 5 day performance has been -1.02%, -4.95%, +3.11%, +0.9% and -0.11%.

[Themes containing WAIR]

WAIR is currently in a down trend. The current bearish signal has generated a profit of +20.72% for investors in the last three months.


WAIR has been underperforming the SP500 index in recent time, after having outperformed till 19 Apr, 2016. Over the last 2 years 11 months and 10 days, WAIR underperformed the SP500 index on 48% days. Which indicates that on days WAIR underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months WAIR was mostly loss making and delivered on average -0.33% per day. It's best return during this period (of +4.17%) was on Tuesday, 16 Oct, 2018. While it's worst loss in the same period (of -13.23%) was on Friday, 16 Nov, 2018. There was initially a bearish trend during this period which started on 4 Oct, 2018 and went on till 11 Oct, 2018. The trend delivered -9.39% losses to investors. This was followed by a bullish trend that started on 12 Oct, 2018 and ended on 16 Oct, 2018. This bullish trend delivered +5.58% to investors.

On monthly basis, WAIR delivered losses in more months over the last year, than profits. WAIR delivered profits less regularly than SP500 index. WAIR significantly outperformed SP500 index in Feb 2018, when it returned +25.17% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. WAIR 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 -30.29%.

You can only become truly accomplished at something you love. Don't make money your goal. Instead, pursue the things you love doing, and then do them so well that people can't take their eyes off you.
-- Maya Angelou

WAIR 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 WAIR's volatility from 2 Oct, 2018 to 20 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 WAIR has significant positive skewness in it's return distribution. This indicates that investors can expect WAIR to recover from drawdowns quickly. Which makes WAIR 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 WAIR. Therefore, SP500 must receive a lower allocation than WAIR in your portfolio. WAIR usually has shorter drawdown period than the SP500 index.

Based on your interest in WAIR you may find it interesting to know that V and AMZN are both large caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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