Battery Changed is a falling knife that can bleed you if you catch it today. It fell by -0.02% to close at 1282.02. It's recent 5 day performance has been -4.52%, -1.24%, -0.81%, +0.91% and +0.84%.
~BATTERY is currently in a bearish trend. The current bearish signal has generated a profit of +12.59% for investors in the last three months.
~BATTERY has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 9 Mar, 2017 to 6 Oct, 2017. Over the last 2 years 11 months and 14 days, ~BATTERY outperformed the SP500 index on 50% days. Which indicates that on days ~BATTERY outperforms the SP500 index, it's performance is marginally better than on the days it underperforms the SP500 index.
During the last three months ~BATTERY was mostly loss making and delivered on average -0.38% per day. It's best return during this period (of +2.42%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -4.52%) was on Monday, 17 Dec, 2018. The longest stort-term trend during this period was 9 profitable days, which started on 29 Oct, 2018 and went on till 8 Nov, 2018. This bullish trend returned +10.01% to investors.
During the last year ~BATTERY had 5 profitable months and 7 loss making months. ~BATTERY returned profits in fewer months than SP500 index. ~BATTERY was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -11.49% compared to -7.75% returned by SP500 index in Dec 2018. ~BATTERY had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year. It is interesting to note that both ~BATTERY and SP500 index significantly outperform during months when quarterly/annual results are announced.
Greed is not a financial issue. It's a heart issue.
-- Andy Stanley
~BATTERY 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 fall in ~BATTERY's volatility from 20 Sep, 2018 to 27 Sep, 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 ~BATTERY has significant positive skewness in it's return distribution. This indicates that investors can expect ~BATTERY to recover from drawdowns quickly. Which makes ~BATTERY a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
~BATTERY has more chance of extreme outcomes than the SP500 index. Therefore, ~BATTERY must receive a lower allocation than SP500 in your portfolio. SP500 index usually has shorter drawdown period than ~BATTERY.
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