14.01 +0.5 (+3.55%) Buy

BXG continues to mint money for it's investors

13 min read

BLUEGREEN VACATIONS CORP outperformed on Monday. It surged by +3.55% to close at 14.01. On a day when the overall market breadth was 34%, it closed higher than 84% of the market. In comparison, the benchmark SP500 index closed today at -0.0191%.

[Themes containing BXG]

BXG showed a strong bearish trend over the last 3 months. During this period BXG fell by -24.47% and saw a maximum drawdown of -42.05%. There was a short signal during this period which returned +24.1%.


BXG has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 31 Jul, 2018 to 20 Nov, 2018. Over the last 1 year and 1 month, BXG outperformed the SP500 index on 54% days.

BXG returned losses on 61% days in the last three months. During this time, it delivered on average -0.35% per day. It delivered it's best daily return of +17.04%, during this period, on Tuesday, 27 Nov, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +30.33%) started on 21 Nov, 2018 and went on till 28 Nov, 2018 while the bearish trend (which returned -16.27%) started on 28 Sep, 2018 and went on till 4 Oct, 2018.

During the last year BXG had 7 profitable months and 5 loss making months. BXG returned profits in fewer months than SP500 index. BXG was also a more risky investment than SP500 index as it's worst month in the last year, Aug 2018, returned -27.34% compared to -7.28% returned by SP500 index in Oct 2018. BXG had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year. It is interesting to note that both BXG and SP500 index significantly outperform during months when quarterly/annual results are announced.

The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind.
-- T.T. Munger

BXG 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 BXG's volatility from 28 Sep, 2018 to 1 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that BXG has significant positive skewness in it's return distribution. This indicates that investors can expect BXG to recover from drawdowns quickly. Which makes BXG a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

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

On a general note (since you are interested in BXG), DFBG has performed really well this year and deserves to be closely tracked for investment opportunities.

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