Market Stir – Advanced Volatility Spotted on Shares of AeroCentury Corp. (:ACY) and Danaos Corporation (NYSE:DAC)

Shares of AeroCentury Corp. (:ACY) are showing high volatlity in today’s session as the stock has moved -8.45%, clocking in at $13.00 after a recent bid.

Volatility is the dispersion of returns for a given stock. It is quantified by short-term traders as the average difference between a stock’s daily high and daily low, then divided by the stock price. In other words, volatility refers to the amount of risk about the size of changes in a stock’s value. 

Successfully tackling the equity markets may involve owning a wide range of stocks. Some investors may prefer growth stocks while others may opt for value stocks. Having a good mix of both types may help build of solid foundation for the portfolio. Investors may choose stocks in a specific industry that is gaining strength. If the industry is on the rise, the portfolio may be more likely to succeed. Finding companies that are considered leaders in their field may also be on the investor checklist. A company that has a large presence may help ease investor worry, especially in a down market climate. Finding the perfect stocks to add to the portfolio may not always be easy, and in fact it may be quite difficult. Investors may have to lay out goals to help keep things on track for both the short-term and the long haul.

Analyst Views

Based on data provided from analysts polled by Thomson Reuters, AeroCentury Corp. has a current consensus target price of 12.95. The current consensus analyst recommendation is sitting at 2.00 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

Moving Averages and ATR

After a recent spot-check, AeroCentury Corp. (:ACY)’s ATR is 0.81. The Average True Range (ATR) is a measure of stock volatility. The Average True Range is an exponential moving average (14-days) of the True Range. The range of a day’s trading is high-low, and True Range expands into yesterday’s close when it lands outside of today’s range.

Taking a closer look into the volatility on shares of AeroCentury Corp. (:ACY), we notice that the stock is -0.59% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of 10.80% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded 28.29% away from the current share price. Company shares were recently noted -19.25% off of the 50-day high and 34.02% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -19.25% separated from the 52 week high and 52.94% from the low.

Danaos Corporation (NYSE:DAC) shares are displaying elevated levels of volatility in today’s session. After a recent check, shares have been spotted at $2.25 showing a change in the session of -8.16%.

Investors may be searching high and low for the secret to attaining success in the markets. Knowing when to sell can be just as important as deciding which stocks to buy. Holding on to a loser for too long may leave a sour taste in the mouth. Investors may have unrealistic expectations about a particular name. Knowing when to cut and run can be a gigantic savior for overall portfolio health. Of course if investors end up selling winners too early, they will most likely be leaving too much profit on the table. Finding a good balance and knowing overall market conditions can help with the decision if the time has come. Closely tracking fundamentals and technicals can help give some insight into stock price behavior. Making sure company earnings are in line may also be a wise choice when investing in a recently researched stock.

Based on data provided from analysts polled by Thomson Reuters, Danaos Corporation has a current consensus target price of 3.00. The current consensus analyst recommendation is sitting at 3.00 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

After a recent spot-check, Danaos Corporation (NYSE:DAC)’s ATR is 0.25. The Average True Range (ATR) is a measure of stock volatility. The Average True Range is an exponential moving average (14-days) of the True Range. The range of a day’s trading is high-low, and True Range expands into yesterday’s close when it lands outside of today’s range.

Taking a closer look into the volatility on shares of Danaos Corporation (NYSE:DAC), we notice that the stock is 24.12% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of 44.13% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded 1.61% away from the current share price. Company shares were recently noted -29.69% off of the 50-day high and 80.00% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -54.08% separated from the 52 week high and 80.00% from the low.

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