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
$3.57 |
Change
0.000(0.00%) |
Mkt cap ! $1.247B | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.73 | $3.57 | $7.954M | 2.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6168 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.57 | 5071 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| LTM (ASX) Chart |