RE:Truth However, it is generally accepted in the finance industry that past performance is not necessarily an excellent indicator of future performance in a stock.
This is because there are many factors that can influence the performance of a stock, including changes in market conditions, economic events, industry trends, company management, and many other factors. While past performance can give investors an idea of how a stock has performed in the past, it is not a reliable indicator of how it will perform in the future.