MCD is going to report earnings on Nov 09, 2020 Before Market Open
The options market overestimated MCD stocks earnings move 75% of the time in the last 12 quarters.
This historical data could give us an edge.
Predicted Average Earnings Move: ±3.2%
Actual Average Earnings Move: 2.3%
One can infer MCD stock price will fall within the predicted range.
Note: A potential catalyst such as recent news could take MCD outside the range. In this event, the catalyst would be considered significant. And identified as an outlier.
Closed: 216.56
Predicted ±$6.92 ( ±3.2% )
upside = $223.49
downside = $209.63
Actual ±$4.980 ( ± 2.3% )
upside = $221.54
downside = $211.58
Thanks for reviewing my idea and constructive criticism is welcome.
The options market overestimated MCD stocks earnings move 75% of the time in the last 12 quarters.
This historical data could give us an edge.
Predicted Average Earnings Move: ±3.2%
Actual Average Earnings Move: 2.3%
One can infer MCD stock price will fall within the predicted range.
Note: A potential catalyst such as recent news could take MCD outside the range. In this event, the catalyst would be considered significant. And identified as an outlier.
Closed: 216.56
Predicted ±$6.92 ( ±3.2% )
upside = $223.49
downside = $209.63
Actual ±$4.980 ( ± 2.3% )
upside = $221.54
downside = $211.58
Thanks for reviewing my idea and constructive criticism is welcome.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.