81.81 +0.66 (+0.8%) Buy

WBA continues to mint money for it's investors

13 min read

WALGREENS BOOTS ALLIANCE, INC. was among the best performers today. It returned +0.8% to close at 81.81. It's recent 5 day performance has been -0.04%, -2.11%, +0.14%, -3.35% and +1.2%.

[Themes containing WBA]

WBA is currently in a up trend. Over the last three months 2 bullish signals in WBA have generated a profit of +7.85% for investors.


WBA has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 7 days, WBA underperformed the SP500 index on 48% days. Which indicates that on days WBA underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months WBA was mostly profitable and delivered on average +0.25% per day. It's best return during this period (of +3.67%) was on Friday, 12 Oct, 2018. While it's worst loss in the same period (of -3.96%) was on Wednesday, 24 Oct, 2018. There was initially a bearish trend during this period which started on 9 Oct, 2018 and went on till 11 Oct, 2018. The trend delivered -4.45% losses to investors. This was followed by a bullish trend that started on 25 Oct, 2018 and ended on 1 Nov, 2018. This bullish trend delivered +7.47% to investors.

WBA had 7 profitable and 5 loss making months over the last year. During the last year, WBA underperformed SP500 index on monthly return basis. WBA significantly outperformed SP500 index in Jul 2018, when it returned +10.62% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. WBA had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year. It is interesting to note that both WBA and SP500 index significantly outperform during months when quarterly/annual results are announced.

Money often costs too much.
-- Ralph Waldo Emerson

WBA 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 WBA's volatility from 17 Sep, 2018 to 15 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 13 Sep, 2018 to 29 Oct, 2018.

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

Investors trading in WBA derivatives at this moment can consider 'Bull Call Spread' options strategy to receive better risk-adjusted returns.

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

Based on your interest in WBA you may find it interesting to know that LULU, ABMD and AMD are mid caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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