URSTADT BIDDLE PROPERTIES INC delivered stellar performance today. It gained +1.28% to close at 20.65. It's recent 5 day performance has been -1.88%, -0.86%, +0.19%, -0.14% and +4.38%.
UBA is currently in a up trend. Over the last three months trading long signals has not been a profitable strategy for UBA's investors in general. However, this strategy had significantly lower risk when compared to Buy-and-Hold investing (which returned -1.62%). It is therefore better to tread with caution in the current uptrend by limiting your allocation to UBA.
UBA has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 9 days, UBA underperformed the SP500 index on 44% days. Which indicates that on days UBA underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
UBA returned losses on 54% days in the last three months. During this time, it delivered on average -0.01% per day. It delivered it's worst daily return of -4.44%, during this period, on Friday, 12 Oct, 2018. There was initially a bearish trend during this period which started on 1 Oct, 2018 and went on till 5 Oct, 2018. The trend delivered -5.01% losses to investors. This was followed by a bullish trend that started on 5 Nov, 2018 and ended on 8 Nov, 2018. This bullish trend delivered +4.27% to investors.
UBA had 7 profitable and 5 loss making months over the last year. During the last year, UBA underperformed SP500 index on monthly return basis. UBA was also a more risky investment than SP500 index as it's worst month in the last year, Jan 2018, returned -12.13% compared to -7.28% returned by SP500 index in Oct 2018. UBA had a shorter streak of profitable months than SP500 index. It only went up in 4 straight months during the last year.
"Based on my own personal experience - both as an investor in recent years and an expert witness in years past - rarely do more than three or four variables really count. Everything else is noise.
UBA 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 UBA's volatility from 29 Nov, 2018 to 6 Dec, 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 UBA has significant positive skewness in it's return distribution. This indicates that investors can expect UBA to recover from drawdowns quickly. Which makes UBA a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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