Prof Woodward on Coronavirus effects FYI. A Black Swan event? See it here.
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Prof Woodward on Coronavirus effects FYI. A Black Swan event? See it here.
Nice day for holders..... (just saying) Come over to ATM and leave all the HLG gloom behind. ;)
ATM could go back over $17 this week.
Gone days of it breaking below $14.06
Clearly less exciting than the next ATM results, but I thought I include ATM / A2M in my wee analysis about the goodness of the forecasts of our stockmarket analysts.
Here is the overview of all forecasts checked so far (yes, this is still early days):
https://www.sharetrader.co.nz/showth...arket-analysts
Stock: A2M (sorry, I use the Australian variant in my spreadsheet - ie.e all data in A$)
Prediction month: January 2019
Forecast month: January 2020
Share price (peak) in January 2019 A$12.65 Consensus forecast for January 2020 $12.40 actual shareprice (peak) in January 2020 $15.59 Share price did rise 25,7% above target, while analysts predicted the shareprice would flat line. I call that a failed forecast consensus recommendation in January 2019 outperform (7,5/10) actual 12 month growth vs NZX50 ATM underperformed NZX50 by 7.5% PREDICTION FAIL
Rating of the analysts so far:
7 stocks checked (checking for each consensus and buy recommendation);
Consensus shareprice forecasts correct: 1/7; analyst hitrate: 14%
Consensus recommendation vs NZX50 correct: 2/7; analyst hitrate: 28%
Nice with "YOUR PREDICTION"
I wish you luck. :)
I think you need to read the main thread (https://www.sharetrader.co.nz/showth...arket-analysts). I don't predict anything with this post. I just checked the predictions the stockmarket analysts made in Januar 2019 about A2M - and (in this and in various other cases) the proved to be woefully wrong.
But anyway - always nice to have somebody wishing you (I hope good) luck. Cheers mate ...
Who are the 'analysts' that you're citing? Is it a range of NZ/AUS broker or fund analysts and/or some unknown internet analysts?
TIA.