Rest In Peace THEME

1544.48 -4.61 (-0.3%) Sell

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Don't invest in RESTINPEACE THEME now, it is a risky investment

13 min read

Rest In Peace is a falling knife that can bleed you if you catch it on Tuesday. It fell by -0.3% to close at 1544.48. On a day when the overall market breadth was 34%, it closed higher than 77% of the market. In comparison, the benchmark SP500 index closed today at +0.01%.

[Theme constituents]

~RESTINPEACE showed a strong bearish trend over the last 3 months. During this period ~RESTINPEACE fell by -13.33% and saw a maximum drawdown of -15.26%. There was a short signal during this period which returned +12.07%.

Trend

~RESTINPEACE has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 17 Mar, 2016 to 21 Aug, 2018. Over the last 2 years 11 months and 14 days, ~RESTINPEACE outperformed the SP500 index on 53% days.

During the last three months ~RESTINPEACE was mostly loss making and delivered on average -0.21% per day. It's best return during this period (of +4.0%) was on Wednesday, 28 Nov, 2018. While it's worst loss in the same period (of -3.48%) was on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 2 Nov, 2018 and went on till 8 Nov, 2018. This bullish trend returned +5.53% to investors.

During the last year ~RESTINPEACE had 9 profitable months and 3 loss making months. ~RESTINPEACE returned profits in more months than SP500 index. ~RESTINPEACE was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -10.79% compared to -7.75% returned by SP500 index in Dec 2018. ~RESTINPEACE 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 +23.24%.

If you live for having it all, what you have is never enough.
-- Vicki Robin

~RESTINPEACE 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 ~RESTINPEACE's volatility from 27 Sep, 2018 to 28 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 ~RESTINPEACE has significant positive skewness in it's return distribution. This indicates that investors can expect ~RESTINPEACE to recover from drawdowns quickly. Which makes ~RESTINPEACE a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in ~RESTINPEACE you may find it interesting to know that LULU and EW are both mid caps that have shown remarkable performance and deserve to be on every investors' watchlist.

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