Savings And Loans THEME

1123.5 -18.0 (-1.6%) Sell

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Prayers for SAVINGSANDLOANS THEME investors as it ranked among the worst performers

14 min read

Savings And Loans delivered massive losses today. It delivered -1.6% to close at 1123.5. During the last week it delivered -5.27% and saw a maximum drawdown of -5.27%.

[Theme constituents]

~SAVINGSANDLOANS is currently in a bearish trend. The current bearish signal has generated a profit of +18.55% for investors in the last three months.

Trend

~SAVINGSANDLOANS has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 4 Jan, 2017 to 24 Oct, 2018. Over the last 2 years 11 months and 14 days, ~SAVINGSANDLOANS underperformed the SP500 index on 48% days. Which indicates that on days ~SAVINGSANDLOANS underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

~SAVINGSANDLOANS returned losses on 59% days in the last three months. During this time, it delivered on average -0.31% per day. It delivered it's worst daily return of -5.11%, during this period, on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 5 losing days, which started on 18 Oct, 2018 and ended on 24 Oct, 2018. This bearish trend lost -10.14% of investor capital.

The last 12 months saw ~SAVINGSANDLOANS's investors making profits in 6 months and incurring losses in 6 months. ~SAVINGSANDLOANS was less consistent in delivering monthly returs than SP500 index. ~SAVINGSANDLOANS was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -11.99% compared to -7.75% returned by SP500 index in Dec 2018. ~SAVINGSANDLOANS 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 ~SAVINGSANDLOANS and SP500 index significantly outperform during months when quarterly/annual results are announced.

"There can be no rise in the value of labour without a fall of profits.

~SAVINGSANDLOANS is currently seeing overall increase in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant fall in ~SAVINGSANDLOANS's volatility from 25 Oct, 2018 to 23 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 ~SAVINGSANDLOANS has significant positive skewness in it's return distribution. This indicates that investors can expect ~SAVINGSANDLOANS to recover from drawdowns quickly. Which makes ~SAVINGSANDLOANS a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

Based on your interest in ~SAVINGSANDLOANS you may find it interesting to know that VIPS and OPNT are highly volatile and therefore risky. Investors should consider limiting their exposure to these instruments (because of their volatile nature).

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