Since when:
1. Company PNL.
2. Share price.
3. Analysts expectations.
have *ever* converge to some common agreement?
Has anyone devised a trading strategy based on a reversion of analysts consensus? E.g. buy when consensus is to sell and vica versa?
Just an idea, having seen so many reports where analysts say: "slowing inflows..." only to find that the company's PNL is actually on the up, whilst the stock price has slumped 20% year to date.
1. Company PNL.
2. Share price.
3. Analysts expectations.
have *ever* converge to some common agreement?
Has anyone devised a trading strategy based on a reversion of analysts consensus? E.g. buy when consensus is to sell and vica versa?
Just an idea, having seen so many reports where analysts say: "slowing inflows..." only to find that the company's PNL is actually on the up, whilst the stock price has slumped 20% year to date.