WILLIAMS COMPANIES INC has destroyed investor wealth on Thursday. It returned -1.36% to close at 23.86. On a day when the overall market breadth was 35%, it closed higher than 75% of the market. In comparison, the benchmark SP500 index closed today at -0.0002%.
WMB is currently in a down trend. The current bearish signal has generated a profit of +13.88% for investors in the last three months.
WMB has been underperforming the SP500 index in recent time, after having outperformed till 21 Sep, 2016. Over the last 2 years 11 months and 9 days, WMB underperformed the SP500 index on 50% days. Which indicates that on days WMB underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
WMB returned losses on 56% days in the last three months. During this time, it delivered on average -0.25% per day. It delivered it's best daily return of +5.84%, during this period, on Thursday, 1 Nov, 2018. There was initially a bearish trend during this period which started on 22 Oct, 2018 and went on till 29 Oct, 2018. The trend delivered -10.58% losses to investors. This was followed by a bullish trend that started on 14 Nov, 2018 and ended on 19 Nov, 2018. This bullish trend delivered +4.1% to investors.
On monthly basis, WMB delivered profits and losses in equal number of months. WMB delivered profits less regularly than SP500 index. WMB was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -12.04% compared to -7.28% returned by SP500 index in Oct 2018. WMB had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year. It is interesting to note that both WMB and SP500 index significantly outperform during months when quarterly/annual results are announced.
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WMB is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in WMB's volatility from 9 Oct, 2018 to 1 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 14 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that WMB 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.
Investors trading in WMB derivatives at this moment can consider 'Protective Collar' options strategy to receive better risk-adjusted returns.
Based on your interest in WMB you may find it interesting to know that AMD is a mid cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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