BOTTOMLINE TECHNOLOGIES INC

50.4 -0.31 (-0.61%) Sell

The party never started for EPAY investors as it delivered massive losses

13 min read

BOTTOMLINE TECHNOLOGIES INC was among the worst performers today. It returned -0.61% to close at 50.4. It's recent 5 day performance has been +1.7%, -0.1%, -0.58%, -1.93% and +0.37%.

[Themes containing EPAY]

EPAY is currently in a down trend. Over the last three months 3 bearish signals have generated a profit of +14.46% for investors.

Trend

EPAY has been underperforming the SP500 index in recent time, after having outperformed till 28 Sep, 2018. Over the last 2 years 11 months and 9 days, EPAY outperformed the SP500 index on 53% days.

During the last three months EPAY was mostly loss making and delivered on average -0.39% per day. It's best return during this period (of +7.57%) was on Wednesday, 7 Nov, 2018. While it's worst loss in the same period (of -16.02%) was on Friday, 9 Nov, 2018. There was initially a bearish trend during this period which started on 17 Oct, 2018 and went on till 19 Oct, 2018. The trend delivered -2.99% losses to investors. This was followed by a bullish trend that started on 30 Oct, 2018 and ended on 2 Nov, 2018. This bullish trend delivered +7.67% to investors.

On monthly basis, EPAY delivered profits in more months over the last year, than losses. EPAY delivered profits in more months than SP500 index. EPAY significantly outperformed SP500 index in Aug 2018, when it returned +22.39% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. EPAY had a longer winning streak of profitable months than SP500 index. It went up in 9 straight months (from Jan 2018 to Sep 2018) during which period it delivered +75.93%.

"We have to talk about the way we finance campaigns.

EPAY is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in EPAY's volatility from 27 Sep, 2018 to 12 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 EPAY has significant positive skewness in it's return distribution. This indicates that investors can expect EPAY to recover from drawdowns quickly. Which makes EPAY 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 EPAY. Therefore, SP500 must receive a lower allocation than EPAY in your portfolio. EPAY usually has shorter drawdown period than the SP500 index.

Based on your interest in EPAY you may find it interesting to know that GATX and BRKR have both performed similar to EPAY and can be considered by investors as alternative investment options.

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