3D Printing THEME

1775.87 +15.62 (+0.88%) Sell

Optimize theme

Prayers for 3DPRINTING THEME investors as it was among the worst performers

13 min read

3D Printing was among the worst performers today. It increased by +0.88% to close at 1775.87. During the last week it delivered -6.32% and saw a maximum drawdown of -7.13% before bouncing back.

[Theme constituents]

~3DPRINTING is currently in a bearish trend. The current bearish signal has generated a profit of +22.85% for investors in the last three months.


~3DPRINTING has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 28 Jan, 2016 to 30 Aug, 2018. Over the last 2 years 11 months and 14 days, ~3DPRINTING outperformed the SP500 index on 53% days.

During the last three months ~3DPRINTING was mostly loss making and delivered on average -0.43% per day. It's best return during this period (of +3.96%) was on Tuesday, 16 Oct, 2018. While it's worst loss in the same period (of -6.37%) was on Wednesday, 10 Oct, 2018. The longest stort-term trends during this period were 6 profitable and losing days. The bullish trend (which returned +10.01%) started on 1 Nov, 2018 and went on till 8 Nov, 2018 while the bearish trend (which returned -14.03%) started on 4 Oct, 2018 and went on till 11 Oct, 2018.

The last 12 months saw ~3DPRINTING's investors making profits in 6 months and incurring losses in 6 months. ~3DPRINTING was less consistent in delivering monthly returs than SP500 index. ~3DPRINTING significantly outperformed SP500 index in Aug 2018, when it returned +23.22% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ~3DPRINTING had a shorter streak of profitable months than SP500 index. It only went up in 2 straight months during the last year.

"I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

~3DPRINTING 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 ~3DPRINTING's volatility from 19 Sep, 2018 to 1 Nov, 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 ~3DPRINTING has significant positive skewness in it's return distribution. This indicates that investors can expect ~3DPRINTING to recover from drawdowns quickly. Which makes ~3DPRINTING a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

~3DPRINTING has more chance of extreme outcomes than the SP500 index. Therefore, ~3DPRINTING must receive a lower allocation than SP500 in your portfolio. SP500 index usually has shorter drawdown period than ~3DPRINTING.

Based on your interest in ~3DPRINTING you may find it interesting to know that GIB and BOCH have both performed similar to ~3DPRINTING and can be considered by investors as alternative investment options.

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
Symbol Price {{retType}} | Tr.
{{detail.symbol}} {{detail.close}} {{detail.priceChange}}  {{detail.pctChange}}%  {{detail.name}} {{detail.trend}} 
If you liked what you read here ...

... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.

All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.

We want to empower investors with all the tools and analysis required by them to make a rational investment decision.

If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute
Share with friends   WhatsApp   Facebook   Twitter