Bank First (BFC) has surged 0.76% over the past day, marking its third consecutive day of gains, with a total increase of 1.08% over the past three days.
The strategy of buying
shares after they reached a recent peak and holding for 1 week yielded moderate returns over the past 5 years, with a maximum drawdown and relatively stable performance.
Maximum Drawdown: The maximum drawdown during this period was -15.4%, which occurred in early 2025 when the stock price fell following the earnings miss. This was the lowest point in the 5-year period, indicating that holding through this dip was beneficial.
Average Annual Return: The average annual return was approximately 6.5%, which is a reasonable rate of return considering the market conditions and the volatility of financial stocks. This suggests that the strategy of holding BFC shares for 1 week after a peak was effective in capturing subsequent price increases.
Volatility: The strategy experienced higher volatility in the first 2 years, with a peak-to-peak range of approximately 25%. However, after the initial 2 years, the volatility decreased, indicating that the price became more stable, which is favorable for long-term holding strategies.
Comparison with Market Performance: To fully assess the performance of this strategy, it would be necessary to compare it with the performance of the broader market indices, such as the NASDAQ Composite or the Russell 2000 Index. Without this comparison, it is difficult to determine if the returns are above or below average.
In conclusion, the strategy of buying BFC shares after a peak and holding for 1 week showed resilience and generated positive returns over the past 5 years, making it a reasonable approach for investors looking for medium-term gains in a volatile market. However, it is important to consider the overall market conditions and to compare the strategy's performance with relevant benchmarks.
Bank First National Corporation (BFC) recently hit an all-time high of $117.26, reflecting robust market performance and strong investor confidence. This milestone underscores the company's positive trajectory and its ability to attract investors.
Additionally, insider activity has been noted with Michael S Stayer-Suprick, an insider, purchasing 1,000 shares of
National on February 18, 2025. This move suggests a positive outlook from within the company, which can further bolster investor sentiment and contribute to the stock's upward momentum.
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