ZUMIEZ INC outperformed on Monday. It surged by +0.68% to close at 19.16. It is currently trading -38% below it's 52 week high of 31.25.
ZUMZ showed a strong bearish trend over the last 3 months. During this period ZUMZ fell by -30.71% and saw a maximum drawdown of -35.98%. There was a short signal during this period which returned +29.04%.
ZUMZ has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 21 Aug, 2017 to 4 Sep, 2018. Over the last 2 years 11 months and 10 days, ZUMZ underperformed the SP500 index on 48% days. Which indicates that on days ZUMZ underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
ZUMZ returned losses on 59% days in the last three months. During this time, it delivered on average -0.56% per day. It delivered it's best daily return of +6.75%, during this period, on Thursday, 25 Oct, 2018. The longest stort-term trend during this period was 4 losing days, which started on 16 Oct, 2018 and ended on 19 Oct, 2018. This bearish trend lost -7.87% of investor capital.
During the last year ZUMZ had 5 profitable months and 7 loss making months. ZUMZ returned profits in fewer months than SP500 index. ZUMZ significantly outperformed SP500 index in Aug 2018, when it returned +37.53% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ZUMZ had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from Sep 2018 to Dec 2018) during which period it delivered -47.44%.
Never invest emergency savings in the stock market.
-- Suze Orman
ZUMZ 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 ZUMZ's volatility from 19 Sep, 2018 to 14 Dec, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that ZUMZ has significant positive skewness in it's return distribution. This indicates that investors can expect ZUMZ to recover from drawdowns quickly. Which makes ZUMZ a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
On a general note (since you are interested in ZUMZ), three small cap instruments that deserve special mention are AAXN, KEYS and PTC. They have all outperformed the market and must be closely watched for investment opportunities.
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