In the last 4-5 bars, AIG attracted very few buy power.
My quant model predicts
Profitability: it has a high probability(80%) to drop below this level (38.75).
Worst Case: it could rise to $41.99
Money Management: Bet no more than 35% of the capital
Suggested Strategy: short stock for 5 Days
AIG on Friday hit a 3 month low after weeks of a downward trend. This gave way to traders today on Monday to take a good long position for a possible upward trend.
Exit : $52.55
Return 1.2% return
Long @ $55.72
- P/B ratio of 0.76 compared to the industry P/B ratio of 1.31 showing that the stock is significantly undervalued.
- Market cap - $51.05B
- DIV yield – 2.26%
- Debt to equity – 0.48
- VWAP - 55.77
- Beta – 1.23
- Short interest - 17,678,471
- YTD shares are down 5.6% compared with the industries growth of 5%. There is considerable analyst ...