Zoomlion Heavy (China) Probability of Future Stock Price Finishing Under 6.98
| 000157 Stock | 7.21 0.02 0.28% |
Zoomlion |
Zoomlion Heavy Target Price Odds to finish below 6.98
The tendency of Zoomlion 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 drop to 6.98 or more in 90 days |
| 7.21 | 90 days | 6.98 | about 49.75 |
Based on a normal probability distribution, the odds of Zoomlion Heavy to drop to 6.98 or more in 90 days from now is about 49.75 (This Zoomlion Heavy Industry probability density function shows the probability of Zoomlion Stock to fall within a particular range of prices over 90 days) . Probability of Zoomlion Heavy Industry price to stay between 6.98 and its current price of 7.21 at the end of the 90-day period is about 25.71 .
Assuming the 90 days trading horizon Zoomlion Heavy Industry has a beta of -0.32. This suggests as returns on the benchmark increase, returns on holding Zoomlion Heavy are expected to decrease at a much lower rate. During a bear market, however, Zoomlion Heavy Industry is likely to outperform the market. Additionally Zoomlion Heavy Industry has an alpha of 0.3264, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zoomlion Heavy Price Density |
| Price |
Predictive Modules for Zoomlion Heavy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zoomlion Heavy Industry. 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.Zoomlion Heavy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zoomlion Heavy is not an exception. The market had few large corrections towards the Zoomlion Heavy'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 Zoomlion Heavy Industry, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zoomlion Heavy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | 0.11 |
Zoomlion Heavy 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 Zoomlion Heavy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zoomlion Heavy Industry can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zoomlion Heavy generated a negative expected return over the last 90 days | |
| About 41.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Hong Fang Bichamp Cutting Technology Co., Ltd.s CEO is the most bullish insider, and their stock value gained 11last week - Simply Wall St |
Zoomlion Heavy 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 Zoomlion Stock often depends not only on the future outlook of the current and potential Zoomlion Heavy'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. Zoomlion Heavy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.7 B |
Zoomlion Heavy Technical Analysis
Zoomlion Heavy's future price can be derived by breaking down and analyzing its technical indicators over time. Zoomlion Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zoomlion Heavy Industry. In general, you should focus on analyzing Zoomlion Stock price patterns and their correlations with different microeconomic environments and drivers.
Zoomlion Heavy Predictive Forecast Models
Zoomlion Heavy's time-series forecasting models is one of many Zoomlion Heavy'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 Zoomlion Heavy'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 Zoomlion Heavy Industry
Checking the ongoing alerts about Zoomlion Heavy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zoomlion Heavy Industry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zoomlion Heavy generated a negative expected return over the last 90 days | |
| About 41.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Hong Fang Bichamp Cutting Technology Co., Ltd.s CEO is the most bullish insider, and their stock value gained 11last week - Simply Wall St |
Other Information on Investing in Zoomlion Stock
Zoomlion Heavy financial ratios help investors to determine whether Zoomlion 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 Zoomlion with respect to the benefits of owning Zoomlion Heavy security.