Chenzhou Jingui (China) Probability of Future Stock Price Finishing Under 0.38
| 002716 Stock | 3.64 0.10 2.67% |
Chenzhou |
Chenzhou Jingui Target Price Odds to finish below 0.38
The tendency of Chenzhou 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 0.38 or more in 90 days |
| 3.64 | 90 days | 0.38 | near 1 |
Based on a normal probability distribution, the odds of Chenzhou Jingui to drop to 0.38 or more in 90 days from now is near 1 (This Chenzhou Jingui Silver probability density function shows the probability of Chenzhou Stock to fall within a particular range of prices over 90 days) . Probability of Chenzhou Jingui Silver price to stay between 0.38 and its current price of 3.64 at the end of the 90-day period is about 82.06 .
Assuming the 90 days trading horizon Chenzhou Jingui has a beta of 0.18. This suggests as returns on the market go up, Chenzhou Jingui average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chenzhou Jingui Silver will be expected to be much smaller as well. Additionally Chenzhou Jingui Silver has an alpha of 0.2946, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Chenzhou Jingui Price Density |
| Price |
Predictive Modules for Chenzhou Jingui
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chenzhou Jingui Silver. 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.Chenzhou Jingui Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chenzhou Jingui is not an exception. The market had few large corrections towards the Chenzhou Jingui'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 Chenzhou Jingui Silver, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chenzhou Jingui within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | 0.06 |
Chenzhou Jingui 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 Chenzhou Jingui for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chenzhou Jingui Silver can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chenzhou Jingui had very high historical volatility over the last 90 days | |
| The company reported the revenue of 5.14 B. Net Loss for the year was (160.69 M) with profit before overhead, payroll, taxes, and interest of 28.58 M. | |
| Chenzhou Jingui generates negative cash flow from operations | |
| About 40.0% of the company shares are owned by insiders or employees |
Chenzhou Jingui 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 Chenzhou Stock often depends not only on the future outlook of the current and potential Chenzhou Jingui'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. Chenzhou Jingui's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B | |
| Cash And Short Term Investments | 90.7 M |
Chenzhou Jingui Technical Analysis
Chenzhou Jingui's future price can be derived by breaking down and analyzing its technical indicators over time. Chenzhou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chenzhou Jingui Silver. In general, you should focus on analyzing Chenzhou Stock price patterns and their correlations with different microeconomic environments and drivers.
Chenzhou Jingui Predictive Forecast Models
Chenzhou Jingui's time-series forecasting models is one of many Chenzhou Jingui'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 Chenzhou Jingui'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 Chenzhou Jingui Silver
Checking the ongoing alerts about Chenzhou Jingui for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chenzhou Jingui Silver help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chenzhou Jingui had very high historical volatility over the last 90 days | |
| The company reported the revenue of 5.14 B. Net Loss for the year was (160.69 M) with profit before overhead, payroll, taxes, and interest of 28.58 M. | |
| Chenzhou Jingui generates negative cash flow from operations | |
| About 40.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Chenzhou Stock
Chenzhou Jingui financial ratios help investors to determine whether Chenzhou 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 Chenzhou with respect to the benefits of owning Chenzhou Jingui security.