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.
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.
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.
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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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