ZJBC Information (China) Probability of Future Stock Price Finishing Under 2.43
| 000889 Stock | 2.54 0.03 1.20% |
ZJBC |
ZJBC Information Target Price Odds to finish below 2.43
The tendency of ZJBC 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 2.43 or more in 90 days |
| 2.54 | 90 days | 2.43 | about 70.07 |
Based on a normal probability distribution, the odds of ZJBC Information to drop to 2.43 or more in 90 days from now is about 70.07 (This ZJBC Information Technology probability density function shows the probability of ZJBC Stock to fall within a particular range of prices over 90 days) . Probability of ZJBC Information Tec price to stay between 2.43 and its current price of 2.54 at the end of the 90-day period is about 10.14 .
Assuming the 90 days trading horizon ZJBC Information Technology has a beta of -0.21. This suggests as returns on the benchmark increase, returns on holding ZJBC Information are expected to decrease at a much lower rate. During a bear market, however, ZJBC Information Technology is likely to outperform the market. Additionally ZJBC Information Technology has an alpha of 0.6617, implying that it can generate a 0.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ZJBC Information Price Density |
| Price |
Predictive Modules for ZJBC Information
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZJBC Information Tec. 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.ZJBC Information Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZJBC Information is not an exception. The market had few large corrections towards the ZJBC Information'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 ZJBC Information Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZJBC Information within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | 0.21 |
ZJBC Information 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 ZJBC Information for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZJBC Information Tec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZJBC Information Tec appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.43 B. Net Loss for the year was (125.3 M) with profit before overhead, payroll, taxes, and interest of 160.87 M. | |
| ZJBC Information generates negative cash flow from operations | |
| About 38.0% of the company shares are owned by insiders or employees |
ZJBC Information 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 ZJBC Stock often depends not only on the future outlook of the current and potential ZJBC Information'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. ZJBC Information's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 936.3 M |
ZJBC Information Technical Analysis
ZJBC Information's future price can be derived by breaking down and analyzing its technical indicators over time. ZJBC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZJBC Information Technology. In general, you should focus on analyzing ZJBC Stock price patterns and their correlations with different microeconomic environments and drivers.
ZJBC Information Predictive Forecast Models
ZJBC Information's time-series forecasting models is one of many ZJBC Information'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 ZJBC Information'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 ZJBC Information Tec
Checking the ongoing alerts about ZJBC Information for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZJBC Information Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZJBC Information Tec appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.43 B. Net Loss for the year was (125.3 M) with profit before overhead, payroll, taxes, and interest of 160.87 M. | |
| ZJBC Information generates negative cash flow from operations | |
| About 38.0% of the company shares are owned by insiders or employees |
Other Information on Investing in ZJBC Stock
ZJBC Information financial ratios help investors to determine whether ZJBC 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 ZJBC with respect to the benefits of owning ZJBC Information security.