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Admin123 : Admin - Sapphire Capitals
Date : 2022-03-26

Stock of interest - Week 13 - 2022 - AUSTRALIA - SEASONALITY

The week beginning Monday, the 28^th March is Week 13 as per ISO numbering convention of the weeks of a year.

Stock in focus:

This week starts with several Australian stocks from Australia ASX300 index in view such as ABP, ALX, COH, DXS, GOZ, MMS, RMD, TCL and many more. Specific Stock in focus is BWP Trust (ASX ticker: BWP).

Trade Direction:

BULLISH, Seasonality with 100% probability of success in a BUY (LONG) trade.

Overview:

Established and listed on the Australian Securities Exchange (ASX) in 1998, BWP Trust is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited. Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry. Full details on the Trust's property portfolio can be found in the Our Properties section of this website. The Trust is managed by an external responsible entity, BWP Management Limited which is appointed under the Trust's constitution and operates under an Australian Financial Services Licence. The responsible entity is committed to managing the Trust solely and is paid an annual fee based on the gross assets of the Trust. Both Bunnings and the responsible entity are wholly owned subsidiaries of Wesfarmers Limited, one of Australia's largest listed companies. Wesfarmers also owns approximately 24.75 per cent of the issued units in the Trust.

Fundamentals:

52-week range 3.8200 - 4.3900

Volume 655,953

Avg. volume 1,057,363

Market cap 2.615B

PE ratio (TTM) 5.59

EPS (TTM) 0.7280

Ex-dividend date 30 Dec 2021

1y target est imate 3.63

Current trading price:

As of Friday close, the stock was trading at 4.07.

SEASONALITY:

The stock demonstrated strong seasonal move in week 13 of the year, here are some of the details of its seasonal behaviour:

In 10 out of last 10 years in week 13, the stock was bullish with average move up of 9.97% and average move down of 1.19% for an average holding time of 44 days.
If 1,000 stocks were bought in the beginning of week 13 every year for last 10 years, then a trader would have had a Gross Profit of $2,760, Gross Loss of $0, making a Total Net Profit of $2,760.
In those 10 years, the Largest Win was $890, Largest Loss is $0, the Average profit/trade being $280.
The average Reward-Risk Ratio (RRR) in those trades were infinity

Charts:

Summary report extract:

Trade Performance (Single Stock/ETF/Index, non-leveraged): 2012-2021:

Histogram:

Latest event candlestick chart:

Further Information about trading applications:

Please visit the following URL for more information on various trading applications from Sapphire Capitals which are designed to deliver high probability trading opportunities for swing trading as well as for intraday trading:

Disclaimer:

Sapphire Private Assets (ABN: 34 613 892 023, trading as Sapphire Capitals) is not a broker or a financial adviser but an education and research organisation; we provide training and tools for traders and DIY fund managers for trading in global financial markets. The contents of the blog have been produced by using technical analysis and trading applications developed by Sapphire Capitals for the Stock and ETF traded worldwide. The contents of this blog are intended for education and research purposes only and is not a recommendation or solicitation to invest in any Stock or ETF.

For more details, please visit www.sapphirecapitals.com/Disclaimer.