Below is a chart of Anheuser-Busch InBev (BUD) from 2010 to 2019 reflecting the year-over-year (YoY) percentage change.
In the last 12 months, Anheuser-Busch InBev (BUD) has increased approximately +7%, on a YoY basis. Below is the history of returns when Anheuser-Busch InBev (BUD) has increased by +7% YoY levels since 2010 and the stock is held for a minimum of 3 years.
Following a similar increase of +7%, had Anheuser-Busch InBev (BUD) been acquired and held for at least 3 years, the average annualized return of 15% was achieved with a high level of probability.
We have to warn that the data being reviewed is strictly within a bull market that began in 2009 and has not been tested over periods of a full economic cycle. Therefore, we put particular emphasis on the downside risk being played out as reflected in our Speed Resistance Lines of November 15, 2019 and/or a general market decline of 20%-30% as a time that we’d take some interest in Anheuser-Busch InBev.