BANR was among the worst performers today. On a longer term basis, investors in BANNER CORP made +0.05% per day. Tuesday's performance of -1.36% was a underperformance compared to it's daily average.
BANR showed a strong bearish trend over the last 3 months. During this period BANR delivered -15.46% and saw a maximum drawdown of -20.53%. There were 3 short signals during this period that returned a cumulative of +5.32% to investors.
BANR has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 1 Mar, 2017 to 26 Jan, 2018. Over the last 2 years 11 months and 14 days, BANR underperformed the SP500 index on 49% days. Which indicates that on days BANR underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
During the last three months BANR was mostly loss making and delivered on average -0.24% per day. It's best return during this period (of +11.32%) was on Thursday, 25 Oct, 2018. While it's worst loss in the same period (of -5.59%) was on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 8 losing days, which started on 21 Sep, 2018 and ended on 2 Oct, 2018. This bearish trend lost -7.25% of investor capital.
The last 12 months saw BANR's investors making profits in 8 months and incurring losses in 4 months. During the last year, BANR and SP500 index had the same number of profitable months. BANR was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -9.5% compared to -7.75% returned by SP500 index in Dec 2018. BANR had a longer winning streak of profitable months than SP500 index. It went up in 7 straight months (from Feb 2018 to Aug 2018) during which period it delivered +17.34%.
"Cash combined with courage in a time of crisis is priceless.
BANR 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 BANR's volatility from 19 Sep, 2018 to 25 Oct, 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 BANR has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.
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