BBX CAPITAL CORP ranked worse than it's peers today. It lost 0.0% to close at 6.0. It's recent 5 day performance has been -3.69%, -2.35%, +1.43%, -7.64% and +1.34%.
BBX is currently in a up trend. Over the last three months trading long signals has not been a profitable strategy for BBX's investors in general. However, this strategy had significantly lower risk when compared to Buy-and-Hold investing (which returned -14.89%). It is therefore better to tread with caution in the current uptrend by limiting your allocation to BBX.
During the last three months BBX was mostly loss making and delivered on average -0.23% per day. It's best return during this period (of +6.38%) was on Thursday, 8 Nov, 2018. While it's worst loss in the same period (of -7.64%) was on Tuesday, 4 Dec, 2018. There was initially a bearish trend during this period which started on 28 Sep, 2018 and went on till 5 Oct, 2018. The trend delivered -11.83% losses to investors. This was followed by a bullish trend that started on 30 Oct, 2018 and ended on 5 Nov, 2018. This bullish trend delivered +9.49% to investors.
BBX had 5 profitable and 7 loss making months over the last year. During the last year, BBX underperformed SP500 index on monthly return basis. BBX was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -16.9% compared to -7.28% returned by SP500 index in Oct 2018. BBX had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from Jul 2018 to Oct 2018) during which period it delivered -34.82%. It is interesting to note that both BBX and SP500 index significantly outperform during months when quarterly/annual results are announced.
Don't tell me where your priorities are. Show me where you spend your money and I'll tell you what they are.
-- James W. Frick
BBX is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in BBX's volatility from 13 Sep, 2018 to 8 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 13 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that BBX 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.
Based on your interest in BBX you may find it interesting to know that CMCO, PLOW and MLR have all performed similar to BBX and qualify as alternative investment candidates that must be evaluated for diversification.
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