3D Printing THEME

1775.87 +15.62 (+0.88%) Sell

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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.

Trend

~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.

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~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.

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