ZEBRA TECHNOLOGIES CORP

171.89 -0.9 (-0.52%) Sell

ZBRA is a falling knife, continues to bleed every investor trying to catch it

13 min read

ZEBRA TECHNOLOGIES CORP delivered massive losses today. It delivered -0.52% to close at 171.89. It's recent 5 day performance has been -0.42%, +2.08%, +1.25%, +1.53% and -4.2%.

[Themes containing ZBRA]

ZBRA is currently in a bearish trend. Over the last three months trading short signals has not been a profitable strategy for ZBRA's investors in general. However, this strategy had significantly lower risk when compared to Buy-and-Hold investing (which returned -2.14%). It is therefore better to tread with caution in the current downtrend by limiting your allocation to ZBRA.

Trend

ZBRA has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 8 Jul, 2016 to 16 Nov, 2018. Over the last 2 years 11 months and 10 days, ZBRA outperformed the SP500 index on 55% days.

During the last three months ZBRA was mostly loss making and delivered on average -0.0% per day. It's best return during this period (of +6.39%) was on Tuesday, 6 Nov, 2018. While it's worst loss in the same period (of -6.25%) was on Monday, 19 Nov, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +12.47%) started on 11 Oct, 2018 and went on till 17 Oct, 2018 while the bearish trend (which returned -12.26%) started on 4 Oct, 2018 and went on till 10 Oct, 2018.

The last 12 months saw ZBRA's investors making profits in 7 months and incurring losses in 5 months. ZBRA was less consistent in delivering monthly returs than SP500 index. ZBRA significantly outperformed SP500 index in Aug 2018, when it returned +24.51% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ZBRA had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

"In this world nothing can be said to be certain, except death and taxes.

ZBRA 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 ZBRA's volatility from 28 Sep, 2018 to 30 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 ZBRA has significant positive skewness in it's return distribution. This indicates that investors can expect ZBRA to recover from drawdowns quickly. Which makes ZBRA 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 ZBRA. Therefore, SP500 must receive a lower allocation than ZBRA in your portfolio. SP500 index usually has shorter drawdown period than ZBRA.

Based on your interest in ZBRA you may find it interesting to know that KEYS and ZBRA are both small caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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