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
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Last
$8.25 |
Change
0.040(0.49%) |
Mkt cap ! $2.849B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.28 | $8.22 | $87.46M | 10.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 234447 | $8.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.25 | 57942 | 32 |
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| Last trade - 14.58pm 16/10/2024 (20 minute delay) ? |
| LTM (ASX) Chart |