Electrical Compo And Equip THEME

1521.46 +19.12 (+1.26%) Sell

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ELECTRICALCOMP THEME investors take a massive hit

14 min read

Electrical Compo And Equip delivered massive losses on Tuesday. It gained +1.26% to close at 1521.46. It is currently trading -22% below it's 52 week high of 1966.03.

[Theme constituents]

~ELECTRICALCOMP is currently in a down trend. The current bearish signal has generated a profit of +18.58% for investors in the last three months.


~ELECTRICALCOMP has been underperforming the SP500 index in recent time, after having outperformed till 21 Aug, 2018. Over the last 2 years 11 months and 14 days, ~ELECTRICALCOMP outperformed the SP500 index on 54% days.

~ELECTRICALCOMP returned losses on 64% days in the last three months. During this time, it delivered on average -0.35% per day. It delivered it's worst daily return of -5.88%, during this period, on Tuesday, 4 Dec, 2018. There was initially a bearish trend during this period which started on 4 Oct, 2018 and went on till 12 Oct, 2018. The trend delivered -8.8% losses to investors. This was followed by a bullish trend that started on 15 Oct, 2018 and ended on 17 Oct, 2018. This bullish trend delivered +3.75% to investors.

~ELECTRICALCOMP had 7 profitable and 5 loss making months over the last year. During the last year, ~ELECTRICALCOMP underperformed SP500 index on monthly return basis. ~ELECTRICALCOMP was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -12.55% compared to -7.75% returned by SP500 index in Dec 2018. ~ELECTRICALCOMP 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 ~ELECTRICALCOMP and SP500 index significantly outperform during months when quarterly/annual results are announced.

You must gain control over your money or the lack of it will forever control you.
-- Dave Ramsey

~ELECTRICALCOMP is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in ~ELECTRICALCOMP's volatility from 3 Oct, 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 ~ELECTRICALCOMP has significant positive skewness in it's return distribution. This indicates that investors can expect ~ELECTRICALCOMP to recover from drawdowns quickly. Which makes ~ELECTRICALCOMP a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in ~ELECTRICALCOMP), if you are an investor in GNK, you need to be extra careful (consider limiting your exposure or diversifying) as it is extremely unpredictable and therefore risky.

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