Yep, that is true, Downgrades after the CTD outlook and the SP falling on constant media noise.
However unlike our subjective views 4 traders analysis is objective and computer/algorithm based. Ie, avoids human subjectivity.
It 'computer' analyses 1000's of businesses from indices all over the world. Where there is a value gap probabilities are with the consensus containing the higher number of analysts. For example lower probability if there is only 4 or less analysts covering the stock.
For what its worth below is the computer generated comment on the value gap:
"The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock."
Its only a measure of probability.
Of course if downgrades continue so will targets and likely the SP.
4 Trader also provides an objective computer/algorithm based analysis of the financials. Its just a bit of a check in relation to our own analysis which is subject to our own subjective bias.
4 Traders analysis has a 4.5 stars out of 5 for its Investor rating for CTD which is pretty good. Obviously its trading rating is now low due to recent downgrades. It has a very high finance rating of 91%.
Its summary is:
"The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria."
So you are right it really only tells us what we already know.
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Last
$12.69 |
Change
0.220(1.76%) |
Mkt cap ! $1.856B |
Open | High | Low | Value | Volume |
$12.62 | $12.76 | $12.59 | $6.918M | 545.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 628 | $12.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.71 | 3001 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 793 | 12.600 |
1 | 45 | 12.590 |
1 | 500 | 12.580 |
2 | 1071 | 12.550 |
1 | 79 | 12.530 |
Price($) | Vol. | No. |
---|---|---|
12.790 | 923 | 1 |
12.820 | 56 | 1 |
12.850 | 374 | 1 |
12.900 | 1000 | 1 |
12.910 | 76 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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