Tianjin Ruixin (China) Probability of Future Stock Price Finishing Under 12.89
| 300828 Stock | 17.47 0.32 1.80% |
Tianjin |
Tianjin Ruixin Target Price Odds to finish below 12.89
The tendency of Tianjin 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 12.89 or more in 90 days |
| 17.47 | 90 days | 12.89 | about 27.43 |
Based on a normal probability distribution, the odds of Tianjin Ruixin to drop to 12.89 or more in 90 days from now is about 27.43 (This Tianjin Ruixin Technology probability density function shows the probability of Tianjin Stock to fall within a particular range of prices over 90 days) . Probability of Tianjin Ruixin Technology price to stay between 12.89 and its current price of 17.47 at the end of the 90-day period is about 66.7 .
Assuming the 90 days trading horizon Tianjin Ruixin has a beta of 0.53. This suggests as returns on the market go up, Tianjin Ruixin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tianjin Ruixin Technology will be expected to be much smaller as well. Additionally Tianjin Ruixin Technology has an alpha of 0.7162, implying that it can generate a 0.72 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tianjin Ruixin Price Density |
| Price |
Predictive Modules for Tianjin Ruixin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tianjin Ruixin Technology. 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.Tianjin Ruixin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tianjin Ruixin is not an exception. The market had few large corrections towards the Tianjin Ruixin'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 Tianjin Ruixin Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tianjin Ruixin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.72 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | 0.15 |
Tianjin Ruixin 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 Tianjin Ruixin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tianjin Ruixin Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tianjin Ruixin appears to be risky and price may revert if volatility continues | |
| Tianjin Ruixin is unlikely to experience financial distress in the next 2 years | |
| About 52.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: What Tianjin Ruixin Technology Co.,Ltds 30 percent Share Price Gain Is Not Telling You - Simply Wall St |
Tianjin Ruixin 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 Tianjin Stock often depends not only on the future outlook of the current and potential Tianjin Ruixin'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. Tianjin Ruixin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 166.6 M | |
| Cash And Short Term Investments | 152.8 M |
Tianjin Ruixin Technical Analysis
Tianjin Ruixin's future price can be derived by breaking down and analyzing its technical indicators over time. Tianjin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tianjin Ruixin Technology. In general, you should focus on analyzing Tianjin Stock price patterns and their correlations with different microeconomic environments and drivers.
Tianjin Ruixin Predictive Forecast Models
Tianjin Ruixin's time-series forecasting models is one of many Tianjin Ruixin'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 Tianjin Ruixin'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 Tianjin Ruixin Technology
Checking the ongoing alerts about Tianjin Ruixin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tianjin Ruixin Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tianjin Ruixin appears to be risky and price may revert if volatility continues | |
| Tianjin Ruixin is unlikely to experience financial distress in the next 2 years | |
| About 52.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: What Tianjin Ruixin Technology Co.,Ltds 30 percent Share Price Gain Is Not Telling You - Simply Wall St |
Other Information on Investing in Tianjin Stock
Tianjin Ruixin financial ratios help investors to determine whether Tianjin 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 Tianjin with respect to the benefits of owning Tianjin Ruixin security.