Why is BF Investment falling/rising?

As of 24-Oct, BF Investment Ltd's stock price is currently at 487.60, reflecting a decline of 5.05, or 1.03%. The stock has recently underperformed its sector by 0.75% and has experienced a trend reversal, falling after two consecutive days of gains. In terms of returns, the stock has shown a modest increase of 1.30% over the past week but has significantly underperformed over the longer term, with a year-to-date decline of 28.77% compared to a 7.77% gain in the broader market. The company has reported negative results for the last three consecutive quarters, with net sales and profits falling sharply, which has contributed to its weak long-term fundamental strength and a low return on equity of 3.2.
Broader Market Context: The stock's performance contrasts sharply with the benchmark, as it has generated negative returns of 29.33% over the past year while the broader market has seen a gain of 5.18%. This underperformance may be indicative of investor sentiment, as domestic mutual funds hold only a minimal stake in the company, suggesting a lack of confidence in its future prospects. Despite a recent increase in investor participation, the overall liquidity and trading volume indicate that the market remains cautious about BF Investment Ltd, particularly in light of its declining financial performance and weak fundamentals.