885 stocks were grouped based on their performance during
Jan – Mar, Mar – Jun, and Jan – Jun 2020.
All data were taken from Bursa Market Place (Read more here). About 95% of stocks were battered down during
the sell down time frame. 50% of them
dropped between 30% to 60%.
During the rebound period (Mar – Jun), the group of stocks which
were hammered down the most in Jan - Mar period were the best performers. If you bought these 11 stocks in Mar, your
average return is 187%! But their YTD performance
is still -55%.
Generally, the rebound magnitude is directly proportionate to
the magnitude of the sell down. Will
these stocks continue to recoup their loses in the next three months? We shall update the results by the end of RMCO.
Stay Safe!
Table 1
Sell Down Range
|
Average Sell Down
|
Average Rebound
|
Average YTD
|
No. Stocks
|
-80% to -90%
|
-84%
|
187%
|
-55%
|
11
|
-70% to -80%
|
-74%
|
157%
|
-32%
|
48
|
-60% to -70%
|
-65%
|
100%
|
-30%
|
89
|
-50% to -60%
|
-55%
|
98%
|
-12%
|
147
|
-40% to -50%
|
-45%
|
64%
|
-10%
|
150
|
-30% to -40%
|
-35%
|
46%
|
-5%
|
160
|
-20% to -30%
|
-25%
|
36%
|
1%
|
115
|
-10% to -20%
|
-16%
|
26%
|
6%
|
85
|
0% to -10%
|
-6%
|
5%
|
-1%
|
39
|
10% to 0%
|
4%
|
20%
|
25%
|
27
|
20% to 10%
|
13%
|
128%
|
156%
|
8
|
30% to 20%
|
22%
|
132%
|
184%
|
4
|
40% to 30%
|
33%
|
415%
|
587%
|
1
|
50% to 40%
|
n/a
|
n/a
|
n/a
|
0
|
60% to 50%
|
59%
|
12%
|
77%
|
1
|
70% to 60%
|
n/a
|
n/a
|
n/a
|
0
|
80% to 70%
|
n/a
|
n/a
|
n/a
|
0
|
90% to 80%
|
n/a
|
n/a
|
n/a
|
0
|
100% to 90%
|
n/a
|
n/a
|
n/a
|
Worst Performers (-40% to -90%) During Jan - Mar Period
Disclaimer: The above analysis does not imply any buy or sell recommendation. The author disclaims all liabilities arising from any use of the information contained in this article.
Disclosure: The author may have interest in the stocks of the companies in this article.
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