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Banco Bradesco SA (NYSE:BBDO) Seasonal Chart

BBDO Relative to the S&P 500
BBDO Relative to the S&P 500

BBDO Relative to the Sector
BBDO Relative to the Sector

Monthly Seasonal Banco Bradesco SA (NYSE:BBDO)

Seasonal Chart Analysis

Analysis of the Banco Bradesco SA (NYSE:BBDO) seasonal charts above shows that a Buy Date of November 14 and a Sell Date of April 12 has resulted in a geometric average return of 12.09% above the benchmark rate of the S&P 500 Total Return Index over the past 7 years. This seasonal timeframe has shown positive results compared to the benchmark in 6 of those periods. This is a very good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 7 years by an average of 22.87% per year.

The seasonal timeframe correlates Strongly with the period of seasonal strength for the Financial sector, which runs from November 22 to April 13. The seasonal chart for the broad sector is available via the following link: Financial Sector Seasonal Chart.

A word of caution: Only 7 years of data is available for shares of BBDO, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Banco Bradesco is Brazil’s fourth- largest bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 25% market share. The bank provides services through a network of more than 5,300 branches, the largest footprint of all privately controlled banks in Brazil. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. In 2016, Bradesco acquired the Brazilian operations of HSBC.

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