CUSTOMERS BANCORP, INC. delivered massive losses on Friday. It delivered -0.72% to close at 17.82 which is it's 52 week low, down -44% from it's 52 week high.
Buy-and-Hold investors in CUBI experienced a maximum drawdown of -28.17% over the last three months. It delivered -25.97% during this strong bearish trending period. There were no long signals during this period, where the short signal generated good profits of +25.97% for investors.
CUBI has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 27 Dec, 2016 to 4 Dec, 2018. Over the last 2 years 11 months and 10 days, CUBI underperformed the SP500 index on 51% days.
During the last three months CUBI was mostly loss making and delivered on average -0.45% per day. It's best return during this period (of +9.79%) was on Friday, 26 Oct, 2018. While it's worst loss in the same period (of -6.63%) was on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 7 losing days, which started on 16 Oct, 2018 and ended on 24 Oct, 2018. This bearish trend lost -17.05% of investor capital.
The last 12 months saw CUBI's investors making profits in 3 months and incurring losses in 9 months. CUBI was less consistent in delivering monthly returs than SP500 index. CUBI significantly outperformed SP500 index in Jan 2018, when it returned +15.01% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. CUBI had a longer winning streak of losing months than SP500 index. It went down in 7 straight months (from Jun 2018 to Dec 2018) during which period it delivered -51.05%.
"The way to become rich is to put all your eggs in one basket and then watch that basket.
CUBI 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 CUBI's volatility from 18 Sep, 2018 to 26 Oct, 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 CUBI has significant positive skewness in it's return distribution. This indicates that investors can expect CUBI to recover from drawdowns quickly. Which makes CUBI a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Based on your interest in CUBI you may find it interesting to know that HEAR has shown remarkable performance this year and deserves to be on every investors' watchlist.
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