Morningstar general comment regarding positive and negative reports from a company;
“Positive and negative surprises affect “best” and “worst” stocks in a diametrically opposite manner.” Valuation levels are an expression of the market’s confidence in a company’s future earnings. Because of that, investment returns are heavily influenced by whether the company’s operating results exceed or fall below those expectations. If you invest in a company that is priced to perfection, even a small bump in the road can hit the shares hard. If a lot of bad news is already priced in, you might not even need good news to see good performance - just news that wasn’t as bad as the market was fearing."
Shorters building!, page-11
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Last
$13.91 |
Change
-0.050(0.36%) |
Mkt cap ! $3.871B | |||
| Open | High | Low | Value | Volume |
| $14.07 | $14.16 | $13.88 | $8.160M | 583.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5354 | $13.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.98 | 1211 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| IEL (ASX) Chart |