ADV
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3.85% 13.5¢ ardiden ltd

Just to pass the time I counted the frequency of market...

  1. haiku-blessyou
    564 Posts.
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    27/02/17
    11:17
    Post #: 22928567
    Just to pass the time I counted the frequency of market sensitive announcements released on each day of the week to see if there was a pattern to the timing of news.

    Came up with the following:
    Monday: 21%
    Tuesday: 17%
    Wednesday: 46%
    Thursday: 8%
    Friday: 8%

    Interestingly, based on past trends, Wednesday is the most likely day for news.

    Even more interesting though, when you the frequency vs weekday in a column chart it looks remarkably like ADV is giving you the big one-fingered salute.

    Happy Monday everyone
    ADV Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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