WING ranked among the best performers today. On a longer term basis, investors in WINGSTOP INC. made -0.05% per day. Wednesday's performance of +1.96% was a outperformance compared to it's daily average.
WING showed a bearish trend over the last 3 months. During this period WING delivered -2.09% and saw a maximum drawdown of -17.25%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in WING till volatility reduces and a clear trend emerges.
WING has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 7 Mar, 2017 to 16 Oct, 2018. Over the last 2 years 11 months and 8 days, WING outperformed the SP500 index on 53% days.
During the last three months WING was mostly loss making and delivered on average -0.01% per day. It's best return during this period (of +4.57%) was on Monday, 10 Dec, 2018. While it's worst loss in the same period (of -5.39%) was on Monday, 3 Dec, 2018. The longest stort-term trend during this period was 6 losing days, which started on 17 Oct, 2018 and ended on 24 Oct, 2018. This bearish trend lost -11.58% of investor capital.
The last 12 months saw WING's investors making profits in 8 months and incurring losses in 4 months. During the last year, WING and SP500 index had the same number of profitable months. WING significantly outperformed SP500 index in Aug 2018, when it returned +35.66% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. WING had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year.
I never dreamed about success, I worked for it.
-- Estee Lauder
WING 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 WING's volatility from 13 Sep, 2018 to 30 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 WING 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.
Based on your interest in WING you may find it interesting to know that NFEC has shown remarkable performance this year and deserves to be on every investors' watchlist.
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