This is always a millionaire dollar question to answer when someone is to find out when is the good time to go into the stock market to buy. Different person will give you different answers and I summarise below on the answers that you may find.
- 52 weeks low
- 200-days Moving Average
- Trading below Net Asset Value (NAV)
- Price-to-book value (P/B)
There is no right or wrong one to use any of the indicators I mentioned to trigger the buy call. It is just a gauge or tools whereby investor or analyst used when they think it is the good time to buy. Among this 4 indicators, which one do you think will give you the optimum result? For me, I am adopting the 52 weeks low and trading below NAV as my indicators for buy call. To use only one indicator, I feel that it is not enough to ......
