15.25 -0.21 (-1.36%) Sell

PBCT investors incur serious losses

13 min read

PEOPLE'S UNITED FINANCIAL, INC. was among the worst performers today. It delivered -1.36% to close at 15.25. It's recent 5 day performance has been -2.09%, +0.51%, -0.88%, -1.8% and -0.86%.

[Themes containing PBCT]

PBCT is currently in a bearish trend. Over the last three months 2 bearish signals have generated a profit of +11.04% for investors.


PBCT has been outperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 8 Dec, 2016 to 7 Nov, 2018. Over the last 2 years 11 months and 10 days, PBCT underperformed the SP500 index on 49% days. Which indicates that on days PBCT underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

PBCT returned losses on 54% days in the last three months. During this time, it delivered on average -0.23% per day. It delivered it's worst daily return of -3.95%, during this period, on Tuesday, 4 Dec, 2018. The longest stort-term trend during this period was 5 losing days, which started on 4 Dec, 2018 and ended on 11 Dec, 2018. This bearish trend lost -7.67% of investor capital.

The last 12 months saw PBCT's investors making profits in 5 months and incurring losses in 7 months. PBCT was less consistent in delivering monthly returs than SP500 index. PBCT was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -9.55% compared to -7.28% returned by SP500 index in Oct 2018. PBCT had a longer winning streak of losing months than SP500 index. It went down in 3 straight months (from Feb 2018 to Apr 2018) during which period it delivered -5.64%. It is interesting to note that both PBCT and SP500 index significantly outperform during months when quarterly/annual results are announced.

Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.
-- Warren Edward Buffett

PBCT 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 PBCT's volatility from 17 Sep, 2018 to 22 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 PBCT has significant positive skewness in it's return distribution. This indicates that investors can expect PBCT to recover from drawdowns quickly. Which makes PBCT 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 PBCT. Therefore, SP500 must receive a lower allocation than PBCT in your portfolio. SP500 index usually has shorter drawdown period than PBCT.

Based on your interest in PBCT you may find it interesting to know that PRQR has shown remarkable performance this year and deserves to be on every investors' watchlist.

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