Fossil Free THEME

1356.66 +4.36 (+0.32%) Sell

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FOSSILFREE THEME is a falling knife, continues to bleed every investor trying to catch it

14 min read

~FOSSILFREE is a falling knife that can bleed you if you catch it today. On a longer term basis, investors in Fossil Free made +0.04% per day. Tuesday's performance of +0.32% was a outperformance compared to it's daily average.

[Theme constituents]

~FOSSILFREE showed a bearish trend over the last 3 months. During this period ~FOSSILFREE delivered -7.6% and saw a maximum drawdown of -9.43%. There was a short signal during this period which returned +4.71%.

Trend

~FOSSILFREE has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 4 Jan, 2016 to 16 Nov, 2017. Over the last 2 years 11 months and 14 days, ~FOSSILFREE outperformed the SP500 index on 59% days.

~FOSSILFREE returned losses on 51% days in the last three months. During this time, it delivered on average -0.12% per day. It delivered it's worst daily return of -2.8%, during this period, on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 8 profitable days, which started on 30 Oct, 2018 and went on till 8 Nov, 2018. This bullish trend returned +7.08% to investors.

The last 12 months saw ~FOSSILFREE's investors making profits in 6 months and incurring losses in 6 months. ~FOSSILFREE was less consistent in delivering monthly returs than SP500 index. ~FOSSILFREE was also a less risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -6.49% compared to -7.75% returned by SP500 index in Dec 2018. ~FOSSILFREE 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 ~FOSSILFREE and SP500 index significantly outperform during months when quarterly/annual results are announced.

"Once my ears were open to hearing mentions of 'Shark Tank', I was surprised by how many people in our world, even in our industry, tech and finance, loved the show.

~FOSSILFREE 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 ~FOSSILFREE's volatility from 19 Sep, 2018 to 7 Dec, 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 ~FOSSILFREE has significant positive skewness in it's return distribution. This indicates that investors can expect ~FOSSILFREE to recover from drawdowns quickly. Which makes ~FOSSILFREE a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in ~FOSSILFREE you may find it interesting to know that RGSE, NSPR and AYTU have all shown remarkable performance and qualify to be on every investor's watchlist.

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