GREEN BANCORP, INC.

18.0 -0.42 (-2.33%) Sell

GNBC investors take a massive hit

13 min read

GREEN BANCORP, INC. was among the worst performers on Friday. It lost -2.33% to close at 18.0. On a day when the overall market breadth was 35%, it closed higher than 67% of the market. In comparison, the benchmark SP500 index closed today at -0.0191%.

[Themes containing GNBC]

GNBC is currently in a down trend. The current bearish signal has generated a profit of +22.25% for investors in the last three months.

Trend

GNBC has been underperforming the SP500 index in recent time, after having outperformed till 10 Oct, 2017. Over the last 2 years 11 months and 10 days, GNBC outperformed the SP500 index on 51% days.

GNBC returned losses on 59% days in the last three months. During this time, it delivered on average -0.36% per day. It delivered it's worst daily return of -8.75%, during this period, on Tuesday, 4 Dec, 2018. There was initially a bullish trend during this period which started on 17 Sep, 2018 and went on till 20 Sep, 2018. The bullish trend returned +3.22% to investors. This was followed by a bearish trend that started on 17 Oct, 2018 and ended on 24 Oct, 2018. This bearish trend lost -23.52% of investor capital.

GNBC had 5 profitable and 7 loss making months over the last year. During the last year, GNBC underperformed SP500 index on monthly return basis. GNBC significantly outperformed SP500 index in Jan 2018, when it returned +15.5% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. GNBC had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Aug 2018 to Oct 2018) during which period it delivered -24.56%. It is interesting to note that both GNBC and SP500 index significantly outperform during months when quarterly/annual results are announced.

"There are two kinds of investors, be they large or small: those who don't know where the market is headed, and those who don't know that they don't know. Then again, there is a third type of investor -the investment professional, who indeed knows that he or she doesn't know, but whose livelihood depends upon appearing to know.

GNBC 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 GNBC's volatility from 1 Oct, 2018 to 24 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 GNBC 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.

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

On a general note (since you are interested in GNBC), V is a large cap that deserves to be closely tracked for investment opportunities.

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