AQUA AMERICA INC

35.78 -0.01 (-0.03%) Buy

WTR investors check their stop-losses as it underperforms

13 min read

AQUA AMERICA INC underperformed today. It returned -0.03% to close at 35.78. During the last week it gained +1.56% and saw a maximum drawdown of -0.11% before bouncing back.

[Themes containing WTR]

WTR is currently in a up trend. Over the last three months 3 bullish signals in WTR have generated a profit of +0.25% for investors.

Trend

WTR has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 10 days, WTR underperformed the SP500 index on 44% days. Which indicates that on days WTR underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

WTR was profitable on 57% days in the last three months. During this time, it delivered on average -0.08% per day. It delivered it's worst daily return of -7.58%, during this period, on Tuesday, 23 Oct, 2018. There was initially a bullish trend during this period which started on 15 Oct, 2018 and went on till 22 Oct, 2018. The bullish trend returned +4.15% to investors. This was followed by a bearish trend that started on 25 Oct, 2018 and ended on 31 Oct, 2018. This bearish trend lost -8.04% of investor capital.

On monthly basis, WTR delivered profits and losses in equal number of months. WTR delivered profits less regularly than SP500 index. WTR was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -11.22% compared to -7.28% returned by SP500 index in Oct 2018. WTR had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

"We ignore outlooks and forecasts.. we're lousy at it and we admit it .. everyone else is lousy too, but most people won't admit it.

WTR 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 WTR's volatility from 18 Sep, 2018 to 9 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 WTR has significant positive skewness in it's return distribution. This indicates that investors can expect WTR to recover from drawdowns quickly. Which makes WTR a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in WTR), ABMD is a mid cap that deserves to be closely tracked for investment opportunities.

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