Jizhong Energy (China) Probability of Future Stock Price Finishing Under 5.18
| 000937 Stock | 6.29 0.04 0.64% |
Jizhong |
Jizhong Energy Target Price Odds to finish below 5.18
The tendency of Jizhong 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 5.18 or more in 90 days |
| 6.29 | 90 days | 5.18 | near 1 |
Based on a normal probability distribution, the odds of Jizhong Energy to drop to 5.18 or more in 90 days from now is near 1 (This Jizhong Energy Resources probability density function shows the probability of Jizhong Stock to fall within a particular range of prices over 90 days) . Probability of Jizhong Energy Resources price to stay between 5.18 and its current price of 6.29 at the end of the 90-day period is about 58.46 .
Assuming the 90 days trading horizon Jizhong Energy has a beta of 0.21. This suggests as returns on the market go up, Jizhong Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jizhong Energy Resources will be expected to be much smaller as well. Additionally Jizhong Energy Resources has an alpha of 0.2291, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jizhong Energy Price Density |
| Price |
Predictive Modules for Jizhong Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jizhong Energy Resources. 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.Jizhong Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jizhong Energy is not an exception. The market had few large corrections towards the Jizhong Energy'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 Jizhong Energy Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jizhong Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | 0.09 |
Jizhong Energy 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 Jizhong Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jizhong Energy Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jizhong Energy generated a negative expected return over the last 90 days | |
| Jizhong Energy has high likelihood to experience some financial distress in the next 2 years | |
| About 72.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Are Investors Undervaluing Jizhong Energy Resources Co., Ltd. By 46 - Simply Wall St |
Jizhong Energy 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 Jizhong Stock often depends not only on the future outlook of the current and potential Jizhong Energy'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. Jizhong Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.5 B |
Jizhong Energy Technical Analysis
Jizhong Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Jizhong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jizhong Energy Resources. In general, you should focus on analyzing Jizhong Stock price patterns and their correlations with different microeconomic environments and drivers.
Jizhong Energy Predictive Forecast Models
Jizhong Energy's time-series forecasting models is one of many Jizhong Energy'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 Jizhong Energy'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 Jizhong Energy Resources
Checking the ongoing alerts about Jizhong Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jizhong Energy Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jizhong Energy generated a negative expected return over the last 90 days | |
| Jizhong Energy has high likelihood to experience some financial distress in the next 2 years | |
| About 72.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Are Investors Undervaluing Jizhong Energy Resources Co., Ltd. By 46 - Simply Wall St |
Other Information on Investing in Jizhong Stock
Jizhong Energy financial ratios help investors to determine whether Jizhong 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 Jizhong with respect to the benefits of owning Jizhong Energy security.