BRINKS CO

67.05 +0.54 (+0.81%) Sell

Are you evaluating investing in BCO? Consider as it performed better than the broader market

13 min read

BRINKS CO was among the best performers today. It returned +0.81% to close at 67.05. It's recent 5 day performance has been +2.32%, +4.96%, -0.19%, -2.58% and -4.21%.

[Themes containing BCO]

BCO showed a down trend over the last 3 months. During this period BCO lost -5.89% and saw a maximum drawdown of -15.68%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in BCO till volatility reduces and a clear trend emerges.

Trend

BCO has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 9 days, BCO outperformed the SP500 index on 50% days. Which indicates that on days BCO outperforms the SP500 index, it's performance is marginally better than on the days it underperforms the SP500 index.

During the last three months BCO was mostly loss making and delivered on average -0.07% per day. It's best return during this period (of +7.25%) was on Thursday, 25 Oct, 2018. While it's worst loss in the same period (of -6.25%) was on Tuesday, 4 Dec, 2018. There was initially a bearish trend during this period which started on 4 Oct, 2018 and went on till 11 Oct, 2018. The trend delivered -8.23% losses to investors. This was followed by a bullish trend that started on 23 Oct, 2018 and ended on 26 Oct, 2018. This bullish trend delivered +8.99% to investors.

BCO had 5 profitable and 7 loss making months over the last year. During the last year, BCO underperformed SP500 index on monthly return basis. BCO was also a more risky investment than SP500 index as it's worst month in the last year, Feb 2018, returned -11.87% compared to -7.28% returned by SP500 index in Oct 2018. BCO 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 -18.33%. It is interesting to note that both BCO and SP500 index significantly outperform during months when quarterly/annual results are announced.

Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do.
-- Mark Twain

BCO 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 BCO's volatility from 4 Oct, 2018 to 29 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 14 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that BCO 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.

SP500 index has more chance of extreme outcomes than BCO. Therefore, SP500 must receive a lower allocation than BCO in your portfolio. SP500 index usually has shorter drawdown period than BCO.

Based on your interest in BCO you may find it interesting to know that BURL, EHC and ZBRA are small caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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