These are the worst performers on the ASX 200 over the last 12 months

Yesterday I looked at the three best performers on the ASX 200 over the last 12 months.

Those three shares had managed to carve out a gain of over 100% each despite the index slipping over 4.2% lower during the period.

Not all shares have fared as well as those, though. The three shares listed below have been the worst performers on the ASX 200 over the last 12 months. Here’s why:

The AMP Limited (ASX: AMP) share price has shed 51% of its value over the last 12 months. The diversified financial services provider has been one of the most negatively impacted companies by the Royal Commission. Unsurprisingly, some of its wealth management units are now experiencing heavy net cash outflows. While AMP’s shares do look reasonably cheap, I fear it could take many years for the company to turnaround its fortunes, gain the trust of investors, and return to growth. Because of this, I would suggest investors stay well clear of the embattled company.

The Automotive Holdings Group Ltd (ASX: AHG) share price has plunged a massive 46% since this time last year. This auto retailer’s shares have been on a downward trajectory since the release of a disappointing trading update in May. That update warned of challenging automotive retail conditions and a slower than expected recovery in the Western Australia private buyer market. This ultimately led to the company posting a 41.2% decline in profit in FY 2018. In addition to this, its outlook for FY 2019 was reasonably underwhelming. And with trading conditions unlikely to improve any time soon, Automotive Holdings remains one to avoid in my opinion.

The Syrah Resources Ltd (ASX: SYR) share price has been the worst performer on the ASX 200 over the last 12 months with a 59% decline. As well as being caught up in a battery materials selloff, Syrah’s shares have come under significant pressure this year after a disappointing operating performance. Production at the company’s Balama project has been disrupted a number of times, causing several downgrades. While things are looking better for it and the battery materials industry now, I’d suggest investors wait for pricing data and several quarters of strong production before considering an investment.

Need a lift after these declines? Then don't miss out on these top tech shares which have been tipped for big things.

The Disruptors: 3 Revolutionary Aussie Companies to Back for 2018

We’re living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That’s why at The Motley Fool we’ve been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Atlassian.

We’ve found three exciting companies that we believe re poised to perform in the new year. Click here to uncover these ideas!

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Automotive Holdings Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.