Shenzhen Zhenye (China) Probability of Future Stock Price Finishing Over 11.97
| 000006 Stock | 8.02 0.28 3.62% |
Shenzhen |
Shenzhen Zhenye Target Price Odds to finish over 11.97
The tendency of Shenzhen Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 11.97 or more in 90 days |
| 8.02 | 90 days | 11.97 | near 1 |
Based on a normal probability distribution, the odds of Shenzhen Zhenye to move over 11.97 or more in 90 days from now is near 1 (This Shenzhen Zhenye Group probability density function shows the probability of Shenzhen Stock to fall within a particular range of prices over 90 days) . Probability of Shenzhen Zhenye Group price to stay between its current price of 8.02 and 11.97 at the end of the 90-day period is about 44.57 .
Assuming the 90 days trading horizon Shenzhen Zhenye has a beta of 0.64. This suggests as returns on the market go up, Shenzhen Zhenye average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shenzhen Zhenye Group will be expected to be much smaller as well. Moreover Shenzhen Zhenye Group has an alpha of 1.0351, implying that it can generate a 1.04 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shenzhen Zhenye Price Density |
| Price |
Predictive Modules for Shenzhen Zhenye
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shenzhen Zhenye Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Shenzhen Zhenye Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shenzhen Zhenye is not an exception. The market had few large corrections towards the Shenzhen Zhenye's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Shenzhen Zhenye Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shenzhen Zhenye within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.04 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 1.62 | |
Ir | Information ratio | 0.18 |
Shenzhen Zhenye Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Shenzhen Zhenye for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shenzhen Zhenye Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shenzhen Zhenye is way too risky over 90 days horizon | |
| Shenzhen Zhenye appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 2.81 B. Net Loss for the year was (802.65 M) with profit before overhead, payroll, taxes, and interest of 1.43 B. | |
| About 42.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shenzhen Zhenye Ltd delivers shareholders solid 32 percent CAGR over 3 years, surging 6.7 percent in the last week alone - Simply Wall St |
Shenzhen Zhenye Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Shenzhen Stock often depends not only on the future outlook of the current and potential Shenzhen Zhenye's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Shenzhen Zhenye's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
Shenzhen Zhenye Technical Analysis
Shenzhen Zhenye's future price can be derived by breaking down and analyzing its technical indicators over time. Shenzhen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shenzhen Zhenye Group. In general, you should focus on analyzing Shenzhen Stock price patterns and their correlations with different microeconomic environments and drivers.
Shenzhen Zhenye Predictive Forecast Models
Shenzhen Zhenye's time-series forecasting models is one of many Shenzhen Zhenye's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Shenzhen Zhenye's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Shenzhen Zhenye Group
Checking the ongoing alerts about Shenzhen Zhenye for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shenzhen Zhenye Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shenzhen Zhenye is way too risky over 90 days horizon | |
| Shenzhen Zhenye appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 2.81 B. Net Loss for the year was (802.65 M) with profit before overhead, payroll, taxes, and interest of 1.43 B. | |
| About 42.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shenzhen Zhenye Ltd delivers shareholders solid 32 percent CAGR over 3 years, surging 6.7 percent in the last week alone - Simply Wall St |
Other Information on Investing in Shenzhen Stock
Shenzhen Zhenye financial ratios help investors to determine whether Shenzhen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shenzhen with respect to the benefits of owning Shenzhen Zhenye security.