Savings And Loans THEME

1123.5 -18.0 (-1.6%) Sell

Optimize theme

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.


~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).

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