An expression signifying that a security is undersold or overbought. For example, if a share of a particular company's stock is trading at $15 when the intrinsic value of the company is $10, the stock is said to be oversold and thus ahead of itself. The expression is used for listed securities.
Related information about ahead of itself:
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Definition of ahead of itself: An expression signifying that a security is undersold or overbought. For example, if a share of a particular company's stock is trading ...
- Ahead of itself - Financial Dictionary - The Free Dictionary
In context of general equities, refers to equities that are overbought or oversold on a fundamental basis. Want to thank TFD for its existence? Tell a friend about ...
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Gold's 12% advance this year has encouraged increasingly bullish sentiment for investment newsletters. For contrarians, that's a cautionary sign, says ...
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