Why is ATB the best Romanian stock?

There are a few reasons. First, the Price to Book ratio of the stock is below 1. So it’s worth more in cash that the price it’s trading for. One would say that’s true for many other stocks in the market today. Let’s look at some more reasons. The stock Beta (a measure of sensitivity compared to the market) is also below 1. This makes the stock less volatile. Hence not a darling of speculators who seek fast gains. Less than 1 beta stocks are for investors and for risk reduction in portfolio. Third, Jiseki cycles are coming out of the worst ranking.
Any stock at such low rankings is already at it’s worst and a high potential accumulate. Fourth, technically it looks like a bottoming stock till it remains above 0.4. These are key Fibonacci retracement supports that should hold. The latest alpha carries the late economic stocks, unlike the ATB and TGN not many other late economic utility stocks look bottoming. BETNG Jiseki is still negative and SNP and RRC still have more negativity lying ahead.

Our Jiseki Time cycles are seasonal patterns of strength or weakness in assets. They are derived from percentile rankings of 0 to 100. The higher the percentile more the chance for an asset to weaken and worst the ranking, better the chance for the respective asset to outperform.
Alpha is a daily strategy signal product that gives trading and investment signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. Alpha is a part of the time triads analytics developed by Orpheus Research.
Coverage Romania: Romanian stocks, Indices and currency.