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Aluminum Corporation of China (ACH) PriceWatch Alert For 6/11/2009 - Calendar Spread Risk Ranking Declines to 1 Keys
- China Aluminium Network
- Post Time: 2009/6/12
- Click Amount: 415
Aluminum Corporation of China (NYSE: ACH) closed yesterday at $26.98. So far the stock has hit a 52-week low of $7.22 and 52-week high of $38.00. The proprietary Key Risk Ranking for ACH has declined from a 2 KEY Considerable Relative Risk to a 1 KEY High Relative Risk. This Key Ranking is determined daily and is a measure of the relative risk for an optimal calendar spread trade on this underlying stock with a targeted 22.95% return (51.00% annualized for comparison purposes). This ranking looks at many factors related to the stock and associated option contracts. The Key ranking is intended as a guide for investors researching this underlying stock.
Source: www.marketintelligencecenter.com
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