Content delivered massive losses on Tuesday. It fell by -0.47% to close at 1192.67. It is currently trading -17% below it's 52 week high of 1452.8.
Buy-and-Hold investors in ~CONTENT experienced a maximum drawdown of -17.91% over the last three months. It fell by -16.02% during this strong bearish trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +11.92%.
~CONTENT has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 9 Jan, 2018 to 11 Jul, 2018. Over the last 2 years 11 months and 14 days, ~CONTENT underperformed the SP500 index on 47% days. Which indicates that on days ~CONTENT underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
During the last three months ~CONTENT was mostly loss making and delivered on average -0.26% per day. It's best return during this period (of +3.0%) was on Wednesday, 28 Nov, 2018. While it's worst loss in the same period (of -6.33%) was on Wednesday, 24 Oct, 2018. The longest stort-term trend during this period was 5 losing days, which started on 8 Nov, 2018 and ended on 14 Nov, 2018. This bearish trend lost -2.92% of investor capital.
During the last year ~CONTENT had 6 profitable months and 6 loss making months. ~CONTENT returned profits in fewer months than SP500 index. ~CONTENT significantly outperformed SP500 index in Jun 2018, when it returned +10.96% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ~CONTENT 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 ~CONTENT and SP500 index significantly outperform during months when quarterly/annual results are announced.
"Well, I think that there's a very thin dividing line between success and failure. And I think if you start a business without financial backing, you're likely to go the wrong side of that dividing line.
~CONTENT 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 ~CONTENT'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 ~CONTENT has significant positive skewness in it's return distribution. This indicates that investors can expect ~CONTENT to recover from drawdowns quickly. Which makes ~CONTENT a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
~CONTENT has more chance of extreme outcomes than the SP500 index. Therefore, ~CONTENT must receive a lower allocation than SP500 in your portfolio. SP500 index usually has shorter drawdown period than ~CONTENT.
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