FBU - Relative Return for the first 7 trading days of September

In relative terms, the first 7 trading days of September have been reasonably positive for Fletcher Building Limited (ASX:FBU).

Since 2000, the first 7 trading days of September provided an average relative return vs All Ordinaries Index (ASX:XAO) of 3.14%, with a relative win rate of 17 from 21, & a standard deviation of 4.32%.

Comment:

You can't always get what you Quant. In relative terms, the first 7 trading days of September for Fletcher Building (ASX:FBU) did not remain compliant with the in-sample average relative return of 3.14%, with an out-of-sample loss of -0.68%. The win rate is now 17 from 22 events.