Repeal Obamacare THEME

1835.3 -0.65 (-0.04%) Sell

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Want to invest in REPEALOBAMACARE THEME? Avoid as it delivered massive losses

14 min read

Repeal Obamacare delivered massive losses on Tuesday. It returned -0.04% to close at 1835.3. It is currently trading +33% above it's 52 week low of 1369.64 and is down only -16% from it's 52 week high.

[Theme constituents]

~REPEALOBAMACARE showed a strong down trend over the last 3 months. During this period ~REPEALOBAMACARE returned -13.59% and saw a maximum drawdown of -16.54%. There were 3 short signals during this period that returned a cumulative of +1.77% to investors.

Trend

~REPEALOBAMACARE has been underperforming the SP500 index in recent time, after having outperformed till 28 Sep, 2018. Over the last 2 years 11 months and 14 days, ~REPEALOBAMACARE outperformed the SP500 index on 54% days.

During the last three months ~REPEALOBAMACARE was mostly loss making and delivered on average -0.22% per day. It's best return during this period (of +3.32%) was on Tuesday, 16 Oct, 2018. While it's worst loss in the same period (of -3.75%) was on Wednesday, 24 Oct, 2018. There was initially a bullish trend during this period which started on 19 Sep, 2018 and went on till 25 Sep, 2018. The bullish trend returned +3.12% to investors. This was followed by a bearish trend that started on 8 Nov, 2018 and ended on 14 Nov, 2018. This bearish trend lost -7.52% of investor capital.

On monthly basis, ~REPEALOBAMACARE delivered profits in more months over the last year, than losses. ~REPEALOBAMACARE delivered profits in more months than SP500 index. ~REPEALOBAMACARE significantly outperformed SP500 index in May 2018, when it returned +13.98% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. ~REPEALOBAMACARE had a longer winning streak of profitable months than SP500 index. It went up in 7 straight months (from Mar 2018 to Sep 2018) during which period it delivered +46.41%.

Anyone who thinks there's safety in numbers hasn't looked at the stock market pages.
-- Irene Peter

~REPEALOBAMACARE 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 ~REPEALOBAMACARE's volatility from 19 Sep, 2018 to 12 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 ~REPEALOBAMACARE has significant positive skewness in it's return distribution. This indicates that investors can expect ~REPEALOBAMACARE to recover from drawdowns quickly. Which makes ~REPEALOBAMACARE a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in ~REPEALOBAMACARE), two instruments that deserve special mention are ECYT and NFEC. They have significantly outperformed the overall market this year.

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