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

Good Balance Sheets delivered massive losses today. It increased by +0.11% to close at 1615.52. It's recent 5 day performance has been -2.02%, -1.78%, -0.83%, +1.24% and -0.36%.

[Theme constituents]

~GOODBLNCSHEET is currently in a bearish trend. The current bearish signal has generated a profit of +13.95% for investors in the last three months.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

~GOODBLNCSHEET has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 8 Jan, 2016 to 29 Aug, 2018. Over the last 2 years 11 months and 14 days, ~GOODBLNCSHEET outperformed the SP500 index on 58% days.

During the last three months ~GOODBLNCSHEET was mostly loss making and delivered on average -0.28% 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 -4.1%) was on Wednesday, 24 Oct, 2018. The longest stort-term trend during this period was 6 losing days, which started on 4 Oct, 2018 and ended on 11 Oct, 2018. This bearish trend lost -8.39% of investor capital.

During the last year ~GOODBLNCSHEET had 6 profitable months and 6 loss making months. ~GOODBLNCSHEET returned profits in fewer months than SP500 index. ~GOODBLNCSHEET was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -9.89% compared to -7.75% returned by SP500 index in Dec 2018. ~GOODBLNCSHEET had a shorter streak of profitable months than SP500 index. It only went up in 5 straight months during the last year. It is interesting to note that both ~GOODBLNCSHEET and SP500 index significantly outperform during months when quarterly/annual results are announced.

Buy when everyone else is selling and hold until everyone else is buying. That's not just a catchy slogan. It's the very essence of successful investing.
-- J. Paul Getty

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

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

Based on your interest in ~GOODBLNCSHEET you may find it interesting to know that PFE and MSFT are both large caps that have shown remarkable performance and deserve to be on every investors' watchlist.