WEBSTER FINANCIAL CORP delivered good returns today. It grew by +0.42% to close at 50.57. It's recent 5 day performance has been -1.51%, -3.64%, +0.86%, -1.99% and -1.05%.
WBS is currently in a down trend. Over the last three months 3 bearish signals have generated a profit of +7.39% for investors.
During the last three months WBS was mostly loss making and delivered on average -0.31% per day. It's best return during this period (of +4.26%) was on Wednesday, 3 Oct, 2018. While it's worst loss in the same period (of -6.32%) was on Tuesday, 4 Dec, 2018. There was initially a bullish trend during this period which started on 29 Oct, 2018 and went on till 2 Nov, 2018. The bullish trend returned +2.6% to investors. This was followed by a bearish trend that started on 3 Dec, 2018 and ended on 11 Dec, 2018. This bearish trend lost -13.13% of investor capital.
On monthly basis, WBS delivered profits in more months over the last year, than losses. WBS delivered profits less regularly than SP500 index. WBS was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -16.3% compared to -7.28% returned by SP500 index in Oct 2018. WBS had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year. It is interesting to note that both WBS and SP500 index significantly outperform during months when quarterly/annual results are announced.
Empty pockets never held anyone back. Only empty heads and empty hearts can do that.
-- Norman Vincent Peale
WBS 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 WBS's volatility from 25 Sep, 2018 to 24 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that WBS has significant positive skewness in it's return distribution. This indicates that investors can expect WBS to recover from drawdowns quickly. Which makes WBS a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
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