Wangneng Environment (China) Probability of Future Stock Price Finishing Over 15.19
| 002034 Stock | 15.66 0.30 1.88% |
Wangneng |
Wangneng Environment Target Price Odds to finish over 15.19
The tendency of Wangneng 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 stay above 15.19 in 90 days |
| 15.66 | 90 days | 15.19 | about 35.03 |
Based on a normal probability distribution, the odds of Wangneng Environment to stay above 15.19 in 90 days from now is about 35.03 (This Wangneng Environment Co probability density function shows the probability of Wangneng Stock to fall within a particular range of prices over 90 days) . Probability of Wangneng Environment price to stay between 15.19 and its current price of 15.66 at the end of the 90-day period is about 16.65 .
Assuming the 90 days trading horizon Wangneng Environment Co has a beta of -0.0851. This suggests as returns on the benchmark increase, returns on holding Wangneng Environment are expected to decrease at a much lower rate. During a bear market, however, Wangneng Environment Co is likely to outperform the market. Additionally Wangneng Environment Co has an alpha of 0.2539, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wangneng Environment Price Density |
| Price |
Predictive Modules for Wangneng Environment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wangneng Environment. 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.Wangneng Environment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wangneng Environment is not an exception. The market had few large corrections towards the Wangneng Environment'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 Wangneng Environment Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wangneng Environment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | 0.07 |
Wangneng Environment 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 Wangneng Environment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wangneng Environment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 59.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Wangneng Environment Co.,Ltd announces an Equity Buyback for CNY 100 million worth of its shares. - Marketscreener.com |
Wangneng Environment 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 Wangneng Stock often depends not only on the future outlook of the current and potential Wangneng Environment'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. Wangneng Environment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 429.5 M |
Wangneng Environment Technical Analysis
Wangneng Environment's future price can be derived by breaking down and analyzing its technical indicators over time. Wangneng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wangneng Environment Co. In general, you should focus on analyzing Wangneng Stock price patterns and their correlations with different microeconomic environments and drivers.
Wangneng Environment Predictive Forecast Models
Wangneng Environment's time-series forecasting models is one of many Wangneng Environment'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 Wangneng Environment'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 Wangneng Environment
Checking the ongoing alerts about Wangneng Environment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wangneng Environment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 59.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Wangneng Environment Co.,Ltd announces an Equity Buyback for CNY 100 million worth of its shares. - Marketscreener.com |
Other Information on Investing in Wangneng Stock
Wangneng Environment financial ratios help investors to determine whether Wangneng 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 Wangneng with respect to the benefits of owning Wangneng Environment security.