Transportation has destroyed investor wealth today. It delivered -0.36% to close at 1261.02. During the last week it delivered -5.17% and saw a maximum drawdown of -5.17%.
~TRANSPORTATION is currently in a bearish trend. Over the last three months 3 bearish signals have generated a profit of +13.21% for investors.
~TRANSPORTATION has been underperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 1 Nov, 2016 to 30 May, 2018. Over the last 2 years and 2 months, ~TRANSPORTATION outperformed the SP500 index on 55% days.
During the last three months ~TRANSPORTATION was mostly loss making and delivered on average -0.34% per day. It's best return during this period (of +3.22%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -4.46%) was on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 6 losing days, which started on 4 Oct, 2018 and ended on 11 Oct, 2018. This bearish trend lost -7.4% of investor capital.
The last 12 months saw ~TRANSPORTATION's investors making profits in 8 months and incurring losses in 4 months. During the last year, ~TRANSPORTATION and SP500 index had the same number of profitable months. ~TRANSPORTATION was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -13.16% compared to -7.75% returned by SP500 index in Dec 2018. ~TRANSPORTATION 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 ~TRANSPORTATION and SP500 index significantly outperform during months when quarterly/annual results are announced.
"Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of Safety.
~TRANSPORTATION 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 ~TRANSPORTATION's volatility from 20 Sep, 2018 to 7 Dec, 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 ~TRANSPORTATION has significant positive skewness in it's return distribution. This indicates that investors can expect ~TRANSPORTATION to recover from drawdowns quickly. Which makes ~TRANSPORTATION a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
~TRANSPORTATION has more chance of extreme outcomes than the SP500 index. Therefore, ~TRANSPORTATION must receive a lower allocation than SP500 in your portfolio. SP500 index usually has shorter drawdown period than ~TRANSPORTATION.
Based on your interest in ~TRANSPORTATION you may find it interesting to know that ~MOBILEINTERNET, FR and ~BLOCKCHAIN have all performed similar to ~TRANSPORTATION and qualify as alternative investment candidates that must be evaluated for diversification.
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