15.55 +0.03 (+0.19%) Sell

Don't lose faith in YEXT now, it delivered good returns

13 min read

YEXT, INC. was among the best performers on Friday. It returned +0.19% to close at 15.55. On a day when the overall market breadth was 35%, it closed higher than 72% of the market. In comparison, the benchmark SP500 index closed today at -0.0233%.

[Themes containing YEXT]

YEXT showed a strong down trend over the last 3 months. During this period YEXT lost -40.28% and saw a maximum drawdown of -44.24%. There was a short signal during this period which returned +27.03%.


YEXT has been underperforming the SP500 index in recent time, after having outperformed till 7 Sep, 2018. Over the last 1 year and 8 months, YEXT outperformed the SP500 index on 51% days.

During the last three months YEXT was mostly loss making and delivered on average -0.73% per day. It's best return during this period (of +7.12%) was on Wednesday, 7 Nov, 2018. While it's worst loss in the same period (of -20.26%) was on Friday, 30 Nov, 2018. There was initially a bearish trend during this period which started on 26 Sep, 2018 and went on till 11 Oct, 2018. The trend delivered -30.41% losses to investors. This was followed by a bullish trend that started on 20 Nov, 2018 and ended on 26 Nov, 2018. This bullish trend delivered +10.46% to investors.

YEXT had 8 profitable and 4 loss making months over the last year. During the last year, number of profitable months of YEXT and SP500 index were the same. YEXT significantly outperformed SP500 index in Jun 2018, when it returned +25.67% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. YEXT had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year.

"Behind every stock is a company. Find out what It's doing.

YEXT is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in YEXT's volatility from 14 Sep, 2018 to 20 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 10 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that YEXT has significant positive skewness in it's return distribution. This indicates that investors can expect YEXT to recover from drawdowns quickly. Which makes YEXT a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in YEXT), TNDM has performed really well this year and deserves to be closely tracked for investment opportunities.

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