i learnt about reversion to the mean in 'a random walk down wall st' by malkiel.... fantastic book!! so basically, its only in the last month and a half where arcadium has had a significant drop relative to the rest.... its clearly oversold! once the market knows more after the may 7 earnings call, i see this reverting back to the mean where it naturally belongs! i bought back in today and looking to go all in tomorrow if it drops below $6
i learnt about reversion to the mean in 'a random walk down...
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Last
$6.90 |
Change
-0.370(5.09%) |
Mkt cap ! $2.674B | |||
| Open | High | Low | Value | Volume |
| $6.99 | $6.99 | $6.85 | $13.16M | 1.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 20060 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.91 | 20838 | 21 |
View Market Depth
| Last trade - 13.36pm 16/05/2024 (20 minute delay) ? |
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Last
$6.93 |
Change
-0.370 ( 5.06 %) |
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| Open | High | Low | Volume | ||
| $6.98 | $6.98 | $6.85 | 253250 | ||
| Last updated 13.54pm 16/05/2024 ? | |||||
| LTM (ASX) Chart |