WRI outperformed the broader market today. On a longer term basis, investors in WEINGARTEN REALTY INVESTORS made +0.01% per day. Friday's performance of +1.0% was a outperformance compared to it's daily average.
Buy-and-Hold investors in WRI experienced a maximum drawdown of -9.58% over the last three months. It delivered -4.88% during this bearish trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +0.01%.
WRI has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 1 Aug, 2016 to 3 Oct, 2018. Over the last 2 years 11 months and 10 days, WRI underperformed the SP500 index on 48% days. Which indicates that on days WRI underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
During the last three months WRI was mostly loss making and delivered on average -0.07% per day. It's best return during this period (of +3.29%) was on Thursday, 25 Oct, 2018. While it's worst loss in the same period (of -2.96%) was on Thursday, 11 Oct, 2018. The longest stort-term trend during this period was 4 losing days, which started on 1 Oct, 2018 and ended on 4 Oct, 2018. This bearish trend lost -4.78% of investor capital.
The last 12 months saw WRI's investors making profits in 5 months and incurring losses in 7 months. WRI was less consistent in delivering monthly returs than SP500 index. WRI was also a more risky investment than SP500 index as it's worst month in the last year, Jan 2018, returned -9.83% compared to -7.28% returned by SP500 index in Oct 2018. WRI had a shorter streak of profitable months than SP500 index. It only went up in 2 straight months during the last year.
"You have venture capitalists. We view them as experts who also help finance your company and give directions and also some pretty candid discussions about what you have to do better.
WRI is currently seeing overall increase in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in WRI's volatility from 18 Sep, 2018 to 26 Oct, 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 WRI has significant positive skewness in it's return distribution. This indicates that investors can expect WRI to recover from drawdowns quickly. Which makes WRI a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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