Baoshan Iron (China) Probability of Future Stock Price Finishing Under 7.11
| 600019 Stock | 7.04 0.05 0.72% |
Baoshan |
Baoshan Iron Target Price Odds to finish below 7.11
The tendency of Baoshan 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 stay under 7.11 after 90 days |
| 7.04 | 90 days | 7.11 | about 92.52 |
Based on a normal probability distribution, the odds of Baoshan Iron to stay under 7.11 after 90 days from now is about 92.52 (This Baoshan Iron Steel probability density function shows the probability of Baoshan Stock to fall within a particular range of prices over 90 days) . Probability of Baoshan Iron Steel price to stay between its current price of 7.04 and 7.11 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Baoshan Iron Steel has a beta of -0.24. This suggests as returns on the benchmark increase, returns on holding Baoshan Iron are expected to decrease at a much lower rate. During a bear market, however, Baoshan Iron Steel is likely to outperform the market. Additionally Baoshan Iron Steel has an alpha of 0.3974, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Baoshan Iron Price Density |
| Price |
Predictive Modules for Baoshan Iron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baoshan Iron Steel. 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.Baoshan Iron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Baoshan Iron is not an exception. The market had few large corrections towards the Baoshan Iron'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 Baoshan Iron Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baoshan Iron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | 0.15 |
Baoshan Iron 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 Baoshan Iron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baoshan Iron Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Baoshan Iron Steel is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by insiders or employees |
Baoshan Iron 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 Baoshan Stock often depends not only on the future outlook of the current and potential Baoshan Iron'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. Baoshan Iron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.1 B |
Baoshan Iron Technical Analysis
Baoshan Iron's future price can be derived by breaking down and analyzing its technical indicators over time. Baoshan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baoshan Iron Steel. In general, you should focus on analyzing Baoshan Stock price patterns and their correlations with different microeconomic environments and drivers.
Baoshan Iron Predictive Forecast Models
Baoshan Iron's time-series forecasting models is one of many Baoshan Iron'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 Baoshan Iron'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 Baoshan Iron Steel
Checking the ongoing alerts about Baoshan Iron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baoshan Iron Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Baoshan Iron Steel is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Baoshan Stock
Baoshan Iron financial ratios help investors to determine whether Baoshan 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 Baoshan with respect to the benefits of owning Baoshan Iron security.