Published on 26 Feb 2020 on Simply Wall St. via Yahoo Finance
Some Banca Mediolanum (BIT:BMED) Shareholders Are Down 38%
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But if you try your hand at stock picking, your risk returning less than the market. Unfortunately, that's been the case for longer term Banca Mediolanum S.p.A. (BIT:BMED) shareholders, since the share price is down 38% in the last three years, falling well short of the market return of around -20%. The more recent news is of little comfort, with the share price down 35% in a year. The share price has dropped 55% in three months. Of course, this share price action may well have been influenced by the 36% decline in the broader market, throughout the period.
See our latest analysis for Banca Mediolanum