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Re: MobileMadMan post# 8455

Thursday, 01/14/2021 3:44:38 PM

Thursday, January 14, 2021 3:44:38 PM

Post# of 8799
Investors in overvalued companies, including TSLA, will eventually learn their lesson the hard way.

All bubbles eventually burst, and the markets ultimately experience reversion back towards the mean.

Anything over 3 standard deviations is nuts !!!!!.

"Celsius Holdings is rated second in standard deviation category among related companies. It is number one stock in maximum drawdown category among related companies reporting about 6.52 of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for Celsius Holdings is roughly 6.52"

https://www.macroaxis.com/invest/technicalIndicator/CELH/Standard-Deviation

Investors would benefit from learning about how markets actually work, instead of always being a perma-bull, or perma-bear.

We always keep valuation front-and-center for a reason.

<<"Not overvalued, just like Tesla is not overvalued, eh?">>

"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer

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