WORLDPAY, INC. is a falling knife that can bleed you if you catch it today. It delivered -1.32% to close at 80.17. It's recent 5 day performance has been +0.45%, +0.02%, -1.05%, -0.2% and -1.36%.
WP showed a strong bearish trend over the last 3 months. During this period WP delivered -18.05% and saw a maximum drawdown of -22.95%. There was a short signal during this period which returned +12.61%.
WP has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 21 Jan, 2016 to 3 Oct, 2018. Over the last 2 years 11 months and 10 days, WP outperformed the SP500 index on 53% days.
During the last three months WP was mostly loss making and delivered on average -0.29% per day. It's best return during this period (of +5.41%) was on Wednesday, 31 Oct, 2018. While it's worst loss in the same period (of -6.68%) was on Wednesday, 10 Oct, 2018. The longest stort-term trend during this period was 5 losing days, which started on 8 Nov, 2018 and ended on 14 Nov, 2018. This bearish trend lost -12.69% of investor capital.
The last 12 months saw WP's investors making profits in 8 months and incurring losses in 4 months. During the last year, WP and SP500 index had the same number of profitable months. WP significantly outperformed SP500 index in Aug 2018, when it returned +18.49% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. WP had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year.
Persist - don't take no for an answer. If you're happy to sit at your desk and not take any risk, you'll be sitting at your desk for the next 20 years.
-- David Rubenstein
WP 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 WP's volatility from 18 Sep, 2018 to 20 Nov, 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 WP 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.
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