Fossil Free THEME

1356.66 +4.36 (+0.32%) Sell

Optimize theme

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%.


~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.

Want to improve your Portfolio's performance?

Spotalpha's Portfolio optimizer is all you need to improve your returns and reduce your risk.
Optimize Portfolio NOW
Symbol Price {{retType}} | Tr.
{{detail.symbol}} {{detail.close}} {{detail.priceChange}}  {{detail.pctChange}}%  {{}} {{detail.trend}} 
If you liked what you read here ...

... we have a small favour to ask. Help us bring the power of algorithmic trading strategies to individual investors.

All content in this article was automatically generated by algorithms. This ensures that there are no human biases in the analysis provided. This approach to investing is not new and has been around for more than three decades. Yet, it has been available to only the most affluent or elite investors leaving individual investors to trade on emotions (such as fear and greed), intuition and poor analysis from third-parties. We want to change this.

We want to empower investors with all the tools and analysis required by them to make a rational investment decision.

If you found Spotalpha useful, consider making a contribution. For as little as $5 you can support our efforts and it takes less than a minute. Thank you. Contribute
Share with friends   WhatsApp   Facebook   Twitter