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
$6.40 |
Change
0.120(1.91%) |
Mkt cap ! $2.480B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.45 | $6.37 | $5.933M | 924.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 13071 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 15379 | 26 |
View Market Depth
| Last trade - 14.35pm 06/06/2024 (20 minute delay) ? |
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Last
$6.42 |
Change
0.120 ( 2.28 %) |
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| Open | High | Low | Volume | ||
| $6.44 | $6.45 | $6.37 | 145439 | ||
| Last updated 14.55pm 06/06/2024 ? | |||||
| LTM (ASX) Chart |