BB&T CORP has destroyed investor wealth today. It delivered -1.0% to close at 47.66. It's recent 5 day performance has been -0.48%, -4.65%, -0.72%, +0.99% and -0.65%.
BBT showed a bearish trend over the last 3 months. During this period BBT delivered -7.92% and saw a maximum drawdown of -11.2%. There were 2 short signals during this period that returned a cumulative of +4.45% to investors.
BBT has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 27 Dec, 2016 to 2 Oct, 2018. Over the last 2 years 11 months and 3 days, BBT underperformed the SP500 index on 48% days. Which indicates that on days BBT underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
BBT returned losses on 56% days in the last three months. During this time, it delivered on average -0.12% per day. It delivered it's worst daily return of -4.65%, during this period, 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 -6.58% of investor capital.
The last 12 months saw BBT's investors making profits in 5 months and incurring losses in 7 months. BBT was less consistent in delivering monthly returs than SP500 index. BBT significantly outperformed SP500 index in Jan 2018, when it returned +10.56% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. BBT had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from May 2018 to Jul 2018) during which period it delivered -5.17%. It is interesting to note that both BBT and SP500 index significantly outperform during months when quarterly/annual results are announced.
Never spend your money before you have earned it.
-- Thomas Jefferson
BBT 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 BBT's volatility from 11 Sep, 2018 to 22 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 10 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that BBT has significant positive skewness in it's return distribution. This indicates that investors can expect BBT to recover from drawdowns quickly. Which makes BBT a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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