Unigroup Guoxin (China) Probability of Future Stock Price Finishing Over 65.94

002049 Stock   65.90  0.15  0.23%   
Unigroup Guoxin's future price is the expected price of Unigroup Guoxin instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Unigroup Guoxin Microelectronics performance during a given time horizon utilizing its historical volatility. Check out Unigroup Guoxin Backtesting, Unigroup Guoxin Valuation, Unigroup Guoxin Correlation, Unigroup Guoxin Hype Analysis, Unigroup Guoxin Volatility, Unigroup Guoxin History as well as Unigroup Guoxin Performance.
  
Please specify Unigroup Guoxin's target price for which you would like Unigroup Guoxin odds to be computed.

Unigroup Guoxin Target Price Odds to finish over 65.94

The tendency of Unigroup 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 PriceHorizonTarget PriceOdds to move over  65.94  or more in 90 days
 65.90 90 days 65.94 
about 34.77
Based on a normal probability distribution, the odds of Unigroup Guoxin to move over  65.94  or more in 90 days from now is about 34.77 (This Unigroup Guoxin Microelectronics probability density function shows the probability of Unigroup Stock to fall within a particular range of prices over 90 days) . Probability of Unigroup Guoxin Micr price to stay between its current price of  65.90  and  65.94  at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Unigroup Guoxin has a beta of 0.18. This suggests as returns on the market go up, Unigroup Guoxin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Unigroup Guoxin Microelectronics will be expected to be much smaller as well. Additionally Unigroup Guoxin Microelectronics has an alpha of 0.5661, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Unigroup Guoxin Price Density   
       Price  

Predictive Modules for Unigroup Guoxin

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Unigroup Guoxin Micr. 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.
Hype
Prediction
LowEstimatedHigh
61.4565.2969.13
Details
Intrinsic
Valuation
LowRealHigh
59.4263.2667.10
Details
Naive
Forecast
LowNextHigh
60.0463.8867.71
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Unigroup Guoxin. Your research has to be compared to or analyzed against Unigroup Guoxin's peers to derive any actionable benefits. When done correctly, Unigroup Guoxin's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Unigroup Guoxin Micr.

Unigroup Guoxin Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Unigroup Guoxin is not an exception. The market had few large corrections towards the Unigroup Guoxin'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 Unigroup Guoxin Microelectronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Unigroup Guoxin within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.57
β
Beta against Dow Jones0.18
σ
Overall volatility
9.60
Ir
Information ratio 0.13

Unigroup Guoxin 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 Unigroup Guoxin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Unigroup Guoxin Micr can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Unigroup Guoxin Micr appears to be risky and price may revert if volatility continues
Unigroup Guoxin Micr is unlikely to experience financial distress in the next 2 years
About 27.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: These 4 Measures Indicate That Unigroup Guoxin Microelectronics Is Using Debt Reasonably Well - Simply Wall St

Unigroup Guoxin 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 Unigroup Stock often depends not only on the future outlook of the current and potential Unigroup Guoxin'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. Unigroup Guoxin's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding846.8 M
Cash And Short Term InvestmentsB

Unigroup Guoxin Technical Analysis

Unigroup Guoxin's future price can be derived by breaking down and analyzing its technical indicators over time. Unigroup Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Unigroup Guoxin Microelectronics. In general, you should focus on analyzing Unigroup Stock price patterns and their correlations with different microeconomic environments and drivers.

Unigroup Guoxin Predictive Forecast Models

Unigroup Guoxin's time-series forecasting models is one of many Unigroup Guoxin'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 Unigroup Guoxin'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 Unigroup Guoxin Micr

Checking the ongoing alerts about Unigroup Guoxin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Unigroup Guoxin Micr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Unigroup Guoxin Micr appears to be risky and price may revert if volatility continues
Unigroup Guoxin Micr is unlikely to experience financial distress in the next 2 years
About 27.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: These 4 Measures Indicate That Unigroup Guoxin Microelectronics Is Using Debt Reasonably Well - Simply Wall St

Other Information on Investing in Unigroup Stock

Unigroup Guoxin financial ratios help investors to determine whether Unigroup 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 Unigroup with respect to the benefits of owning Unigroup Guoxin security.