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

Socially Responsible significantly underperformed today. It fell by -2.83% to close at 1336.61. During the last week it fell by -1.61% and saw a maximum drawdown of -2.83% before bouncing back.

[Theme constituents]

~SOCIALLYRESP is currently in a bearish trend. Over the last three months 2 bearish signals have generated a profit of +2.03% for investors.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

~SOCIALLYRESP has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 8 Dec, 2016 to 13 Dec, 2018. Over the last 2 years 11 months and 10 days, ~SOCIALLYRESP outperformed the SP500 index on 59% days.

During the last three months ~SOCIALLYRESP delivered profits on 50% days. However, it still managed to end this period in a loss. It's best return during this period (of +2.28%) was on Wednesday, 28 Nov, 2018. While it's worst loss in the same period (of -3.56%) was on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 17 Sep, 2018 and went on till 21 Sep, 2018. This bullish trend returned +1.55% to investors.

During the last year ~SOCIALLYRESP had 7 profitable months and 5 loss making months. ~SOCIALLYRESP returned profits in fewer months than SP500 index. ~SOCIALLYRESP was also a less risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -6.44% compared to -7.28% returned by SP500 index in Oct 2018. ~SOCIALLYRESP 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 ~SOCIALLYRESP and SP500 index significantly outperform during months when quarterly/annual results are announced.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
-- Warren Buffett

~SOCIALLYRESP 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 surge in ~SOCIALLYRESP's volatility from 19 Sep, 2018 to 7 Dec, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.

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

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

Based on your interest in ~SOCIALLYRESP you may find it interesting to know that AAXN is a small cap that has shown remarkable performance and deserves to be on every investors' watchlist.