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S&P 500
5,580.32
(
0.24%
)
US TECH 100
19,841.00
(
-0.03%
)
Dow Jones
39,644.43
(
0.68%
)
Brent Oil
85.55
(
-1.11%
)
Bitcoin
56,929.93
(
1.93%
)
Post# of 7895
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DaveinHackensack

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DaveinHackensack

Re: BRIG_88 post# 5949

Wednesday, 09/29/2010 10:14:15 AM

Wednesday, September 29, 2010 10:14:15 AM

Post# of 7895
Wrong

A drop in share price does impact the Z-score, as I explained to you yesterday: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54903786

And the Z-score doesn't predict day-to-day stock gyrations any more than it predicts malicious message board comments about a stock. It predicts whether or not a company is likely to go bankrupt within the next two years.
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