Penyao Environmental (China) Probability of Future Stock Price Finishing Under 5.92
| 300664 Stock | 5.95 0.03 0.51% |
Penyao |
Penyao Environmental Target Price Odds to finish below 5.92
The tendency of Penyao 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 5.92 or more in 90 days |
| 5.95 | 90 days | 5.92 | about 91.61 |
Based on a normal probability distribution, the odds of Penyao Environmental to drop to 5.92 or more in 90 days from now is about 91.61 (This Penyao Environmental Protection probability density function shows the probability of Penyao Stock to fall within a particular range of prices over 90 days) . Probability of Penyao Environmental price to stay between 5.92 and its current price of 5.95 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Penyao Environmental Protection has a beta of -0.21. This suggests as returns on the benchmark increase, returns on holding Penyao Environmental are expected to decrease at a much lower rate. During a bear market, however, Penyao Environmental Protection is likely to outperform the market. Additionally Penyao Environmental Protection has an alpha of 0.6715, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Penyao Environmental Price Density |
| Price |
Predictive Modules for Penyao Environmental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Penyao Environmental. 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.Penyao Environmental Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Penyao Environmental is not an exception. The market had few large corrections towards the Penyao Environmental'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 Penyao Environmental Protection, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Penyao Environmental within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | 0.14 |
Penyao Environmental 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 Penyao Environmental for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Penyao Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Penyao Environmental appears to be risky and price may revert if volatility continues | |
| About 35.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Penyao Environmental Protection Co., Ltd.s Share Price Boosted 37 percent But Its Business Prospects Need A Lift Too - Simply Wall St |
Penyao Environmental 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 Penyao Stock often depends not only on the future outlook of the current and potential Penyao Environmental'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. Penyao Environmental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 792.5 M |
Penyao Environmental Technical Analysis
Penyao Environmental's future price can be derived by breaking down and analyzing its technical indicators over time. Penyao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Penyao Environmental Protection. In general, you should focus on analyzing Penyao Stock price patterns and their correlations with different microeconomic environments and drivers.
Penyao Environmental Predictive Forecast Models
Penyao Environmental's time-series forecasting models is one of many Penyao Environmental'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 Penyao Environmental'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 Penyao Environmental
Checking the ongoing alerts about Penyao Environmental for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Penyao Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Penyao Environmental appears to be risky and price may revert if volatility continues | |
| About 35.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Penyao Environmental Protection Co., Ltd.s Share Price Boosted 37 percent But Its Business Prospects Need A Lift Too - Simply Wall St |
Other Information on Investing in Penyao Stock
Penyao Environmental financial ratios help investors to determine whether Penyao 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 Penyao with respect to the benefits of owning Penyao Environmental security.