13.49BMarket Cap-2.44P/E (TTM)
20.594High20.380Low148.10KVolume20.560Open20.480Pre Close3.03MTurnover0.02%Turnover RatioLossP/E (Static)660.39MShares29.59052wk High4.40P/B13.49BFloat Cap20.00052wk Low0.79Dividend TTM660.39MShs Float35.965Historical High3.84%Div YieldTTM1.05%Amplitude16.142Historical Low20.448Avg Price1Lot Size
Carlsberg A/S Sponsored ADR Class B Stock Forum
Is this strategy plausible, credible and believable? In fact, an estimation in the earnings expectations is complicated with more companies more attuned to playing the earnings game, trying to beat the earning expectations by those research bankers and analyts: using either earning management accounting or either operation discretion such as timing of capital on project outlays etc..
The problem with this game is that the marketss will eventually catch on it and adjust the expectation. Using earnings is also a highly speculative strategy for short term. It is very hard to find a companies which has increasing earnings as business goes in cycle and has its own seasonality. Growth companies spend money on capex and its usually affect earnings. Even great companies such as $Coca-Cola (KO.US)$ $NESTLE SA (NSRGF.US)$ $Carlsberg A/S Sponsored ADR Class B (CABGY.US)$ do not have increasing profit every quarter. It may be perfect for short term strategy but as mentioned the market will catch up to its underlying intrinsic value.
Know and understand the statistics or ratio etc. is definitely helpful in trading. But always be prudence and sceptical as there are thousands of investing rules out there. As Joel Greeblatt said before, "if you don't lose big money, most of the remaining alternative are good ones." Good luck to everyone out there and happy Halloween. 🍀👻🎃🦇🤞
Hey, moomooers! Here are things you need to know before the opening bell:
- Stock futures fell slightly on Wednesday, pointing to another day of declines for the Dow Jones Industrial average after it snapped a 5-day winning streak on Tuesday.
- SoftBank Group liquidated its stakes in several listed companies that worth around USD14 billion in total last quarter, nearly 3x the amount for the corresponding period of previous year.
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$Intel (INTC.US)$ $Baidu (BIDU.US)$
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