Zhuhai Bojay (China) Probability of Future Stock Price Finishing Under 23.74
| 002975 Stock | 35.09 2.09 5.62% |
Zhuhai |
Zhuhai Bojay Target Price Odds to finish below 23.74
The tendency of Zhuhai 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 23.74 or more in 90 days |
| 35.09 | 90 days | 23.74 | under 4 |
Based on a normal probability distribution, the odds of Zhuhai Bojay to drop to 23.74 or more in 90 days from now is under 4 (This Zhuhai Bojay Electronics probability density function shows the probability of Zhuhai Stock to fall within a particular range of prices over 90 days) . Probability of Zhuhai Bojay Electronics price to stay between 23.74 and its current price of 35.09 at the end of the 90-day period is about 86.93 .
Assuming the 90 days trading horizon Zhuhai Bojay Electronics has a beta of -0.4. This suggests as returns on the benchmark increase, returns on holding Zhuhai Bojay are expected to decrease at a much lower rate. During a bear market, however, Zhuhai Bojay Electronics is likely to outperform the market. Additionally Zhuhai Bojay Electronics has an alpha of 0.5799, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhuhai Bojay Price Density |
| Price |
Predictive Modules for Zhuhai Bojay
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhuhai Bojay Electronics. 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.Zhuhai Bojay Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhuhai Bojay is not an exception. The market had few large corrections towards the Zhuhai Bojay'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 Zhuhai Bojay Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhuhai Bojay within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 3.61 | |
Ir | Information ratio | 0.14 |
Zhuhai Bojay 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 Zhuhai Bojay for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhuhai Bojay Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhuhai Bojay appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 905.36 M. Net Loss for the year was (57.23 M) with profit before overhead, payroll, taxes, and interest of 590.39 M. | |
| About 69.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Zhuhai Bojay Electronics Co.,Ltd.s most bullish insider, CEO Zhaochun Wang must be pleased with the recent 11 percent gain - Simply Wall St |
Zhuhai Bojay 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 Zhuhai Stock often depends not only on the future outlook of the current and potential Zhuhai Bojay'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. Zhuhai Bojay's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 139.1 M |
Zhuhai Bojay Technical Analysis
Zhuhai Bojay's future price can be derived by breaking down and analyzing its technical indicators over time. Zhuhai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhuhai Bojay Electronics. In general, you should focus on analyzing Zhuhai Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhuhai Bojay Predictive Forecast Models
Zhuhai Bojay's time-series forecasting models is one of many Zhuhai Bojay'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 Zhuhai Bojay'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 Zhuhai Bojay Electronics
Checking the ongoing alerts about Zhuhai Bojay for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhuhai Bojay Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhuhai Bojay appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 905.36 M. Net Loss for the year was (57.23 M) with profit before overhead, payroll, taxes, and interest of 590.39 M. | |
| About 69.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Zhuhai Bojay Electronics Co.,Ltd.s most bullish insider, CEO Zhaochun Wang must be pleased with the recent 11 percent gain - Simply Wall St |
Other Information on Investing in Zhuhai Stock
Zhuhai Bojay financial ratios help investors to determine whether Zhuhai 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 Zhuhai with respect to the benefits of owning Zhuhai Bojay security.