Also interesting to look at NAGs SP over the last 3 months and the Morningstar ratings for the same period.
- The daily SP has varied between 6.2c and 7.9c (see below)
- The M-star rating varied between 13c and 16c (my observations)
They are consistent M-star within their range but the market & M-star are at odds.
Throughout that period M-star valued NAGs consistently at a little over Double the market SP.
M-star obviously think NAGs is worth a lot more than SP.
This either provides a Buying Opportunity if M-star are right or M-star have got it wrong.
At the end of the day it's only the market that counts if you are selling today
If you are looking for a trend than Quantitative Analysis comes into play (for some at least).
I'm into Qualitative Analysis (Company facts), rather than market trends.
Both affect the Buy/Sell decisions of Investors though and therefore both affect the longer term SP
