Volkswagen AG’s inventory (OTCMKTS:VWAGY) has rise
Volkswagen AG’s inventory (OTCMKTS:VWAGY) has risen by 7.1% during the last 5 buying and selling days. Compared, the broader S&P500 rose by 4.9% during the last 5 buying and selling days. The rise was primarily seen after the corporate introduced its first ever ‘Energy Day’ scheduled for March 15, 2021. The corporate is predicted to announce its plans for the manufacturing and provide of batteries. The occasion will give the market a transparent thought concerning the firm’s capability to speed up its manufacturing of electrical automobiles. The corporate is predicted to announce its FY 2020 earnings on March 16, 2021. Now, is VWAGY’s inventory poised to develop? We consider that there’s a 50% probability of an increase in VWAGY’s inventory over the subsequent month (twenty-one buying and selling days) primarily based on our machine studying evaluation of developments within the inventory worth during the last ten years. See our evaluation on Volkswagen AG’s Inventory Probabilities Of Rise for extra particulars.
5D: VWAGY 7.1%, vs. S&P500 4.9%; Outperformed market
(6% chance occasion)
- Volkswagen AG inventory rose 7.1% over a 5 day buying and selling interval ending 3/12/2021, in comparison with the broader market (S&P500) rise of 4.9%
- A change of seven.1% or extra over 5 buying and selling days is a 6% chance occasion, which has occurred 155 occasions out of 2516 within the final ten years
10D: VWAGY 20%, vs. S&P500 3.3%; Outperformed market
(Extraordinarily uncommon occasion)
- Volkswagen AG inventory rose 20% during the last ten buying and selling days (two weeks), in comparison with the broader market (S&P500) rise of three.3%
- A change of 20% or extra over ten buying and selling days is an especially uncommon occasion, which has occurred 14 occasions out of 2500 within the final ten years
21D: VWAGY 25%, vs. S&P500 1.1%; Outperformed; Underperformed market
(Extraordinarily uncommon occasion)
- Volkswagen AG inventory rose 25% during the last twenty-one buying and selling days (one month), in comparison with the broader market (S&P500) rise of 1.1%
- A change of 25% or extra over twenty-one buying and selling days is an especially uncommon occasion, which has occurred 6 occasions out of 2458 within the final ten years
Whereas Volkswagen inventory might have moved, 2020 has created many pricing discontinuities which might provide engaging buying and selling alternatives. For instance, you’ll be shocked how the inventory valuation for Tesla vs. Cigna exhibits a disconnect with their relative operational development. You’ll find many such discontinuous pairs right here.
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