BENEFICIAL BANCORP INC. was among the best performers on Tuesday. It returned +0.61% to close at 14.88. On a day when the overall market breadth was 35%, it closed higher than 11% of the market. In comparison, the benchmark SP500 index closed today at -0.0004%.
Buy-and-Hold investors in BNCL experienced a maximum drawdown of -15.1% over the last three months. It lost -14.24% during this strong down trending period. There were no long signals during this period, where the short signal generated good profits of +14.24% for investors.
BNCL has been underperforming the SP500 index in recent time, after having outperformed till 9 Dec, 2016. Over the last 2 years 11 months and 7 days, BNCL underperformed the SP500 index on 49% days. Which indicates that on days BNCL underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
During the last three months BNCL was mostly loss making and delivered on average -0.24% per day. It's best return during this period (of +3.64%) was on Thursday, 25 Oct, 2018. While it's worst loss in the same period (of -5.46%) was on Tuesday, 4 Dec, 2018. There was initially a bearish trend during this period which started on 18 Oct, 2018 and went on till 24 Oct, 2018. The trend delivered -10.21% losses to investors. This was followed by a bullish trend that started on 28 Nov, 2018 and ended on 3 Dec, 2018. This bullish trend delivered +3.68% to investors.
BNCL had 4 profitable and 8 loss making months over the last year. During the last year, BNCL underperformed SP500 index on monthly return basis. BNCL significantly outperformed SP500 index in Aug 2018, when it returned +8.31% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. BNCL had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from Sep 2018 to Dec 2018) during which period it delivered -14.89%.
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BNCL 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 BNCL's volatility from 28 Sep, 2018 to 29 Oct, 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 BNCL 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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