Hopium stocks are stocks that are losing a great deal of money while they try to get sufficient scale to be profitable. It's generally the startup mentality. You can really win big if it scales to profitability, like Amazon. Unfortunately, less than 1 in 1000 are able to become big winners. T
Comparing a portfolio's average loss to the S&P's average loss provides performance information, but remember that it is only showing the comparison to the portfolio average.
Individual stocks fall more or less than the average. This is the definition of average.