How Often Do CROBEX Components Outperform the Index?

Today we bring you an overview of how often current CROBEX components managed to beat the index by yield in a period of one year.

For this, we calculated the percentage of times (out of 252 trading days) in which an individual share recorded higher yield than the index. As visible on the chart, eleven out of eighteen shares mostly performed better than the index on a daily basis. However, note that we listed them according to the amount of basis points by which the company outperformed CROBEX in the last year. Therefore, one can notice that Ingra whose yield outperformed CROBEX by 7787bps during the last year was able to beat the index on just 45% of trading days. Meanwhile, Zagrebacka bank was able to outperform the CROBEX on 53% of days, the most out of all constituents. However, due to the stronger negative effect on the remaining days, the bank still underperformed the index by 469bps. Leading the laggards, Dalekovod had a lower yield than CROBEX 47% of the times performing lower by 9951bps.

Percentage of Days CROBEX Components Outperform the Index

InterCapital
Published
Category : Flash News

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