ALTISOURCE ASSET MGMT (AAMC)
Over the next 13 weeks, ALTISOURCE ASSET MGMT has on average historically risen by 29.8% based on the past 4 years of stock performance.
ALTISOURCE ASSET MGMT has risen higher by an average 29.8% in 3 of those 4 years over the subsequent 13 week period,corresponding to a historical probability of 75%
The holding period that leads to the greatest annualized return for ALTISOURCE ASSET MGMT, based on historical prices, is 52 weeks. Should ALTISOURCE ASSET MGMT stock move in the future similarly to its average historical movement over this duration, an annualized return of 508% could result.
Nvidia (NVDA)
Over the next 13 weeks, Nvidia has on average historically risen by 23.5% based on the past 17 years of stock performance.
Nvidia has risen higher by an average 23.5% in 12 of those 17 years over the subsequent 13 week period,corresponding to a historical probability of 70%
The holding period that leads to the greatest annualized return for Nvidia, based on historical prices, is 1 week. Should Nvidia stock move in the future similarly to its average historical movement over this duration, an annualized return of 204% could result.
Universal Display Corp. (OLED)
Over the next 13 weeks, Universal Display Corp. has on average historically risen by 12.8% based on the past 20 years of stock performance.
Universal Display Corp. has risen higher by an average 12.8% in 11 of those 20 years over the subsequent 13 week period,corresponding to a historical probability of 55%
The holding period that leads to the greatest annualized return for Universal Display Corp., based on historical prices, is 1 week. Should Universal Display Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 217% could result.
Yelp, Inc. (YELP)
Over the next 13 weeks, Yelp, Inc. has on average historically risen by 13.7% based on the past 4 years of stock performance.
Yelp, Inc. has risen higher by an average 13.7% in 3 of those 4 years over the subsequent 13 week period,corresponding to a historical probability of 75%
The holding period that leads to the greatest annualized return for Yelp, Inc., based on historical prices, is 2 weeks. Should Yelp, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 249% could result.
December 29th Daily Market Comments
Although the week between Christmas and New Year’s does not usually have any relevant forceful moves, it does provide an indication of what might be strong going into the first quarter of the next year. Gold stocks are picking up steam, that becomes a viable sector to watch immediately after the first of the year. The bearish trading yesterday made the prospects of breaching the 20,000 level in the Dow more tentative. Investors became more discouraged the longer it took to get up through that level. This is a perfect illustration that prices move based upon investor sentiment, not fundamental reasons. Use the analysis of each individual stock chart to decide whether to remain long or short in specific stock positions.