Coty Inc stock (NYSE: COTY) fell more than -10% in the last 5 trading days, while the S&P 500 barely moved. Does this warrant an investment decision? Should you buy or sell? We think that while near term return could be in the cards, Coty may not be a winning bet from a medium-to-longer term perspective. We arrive at our conclusion by assessing Coty’s recent market movement from three perspectives:
- relative positioning in the market
- underlying financial trends, and
- the output of the Trefis machine learning engine which looks at past patterns to predict near term behavior.
Our dashboard Big Movers: Coty Moved 10.6% – What Next? lays this out.
What relative positioning suggests: Are you a value investor