Humanwell Healthcare (China) Probability of Future Stock Price Finishing Under 22.01
| 600079 Stock | 22.22 0.31 1.38% |
Humanwell |
Humanwell Healthcare Target Price Odds to finish below 22.01
The tendency of Humanwell 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 22.01 or more in 90 days |
| 22.22 | 90 days | 22.01 | about 74.53 |
Based on a normal probability distribution, the odds of Humanwell Healthcare to drop to 22.01 or more in 90 days from now is about 74.53 (This Humanwell Healthcare Group probability density function shows the probability of Humanwell Stock to fall within a particular range of prices over 90 days) . Probability of Humanwell Healthcare price to stay between 22.01 and its current price of 22.22 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Humanwell Healthcare Group has a beta of -0.0853. This suggests as returns on the benchmark increase, returns on holding Humanwell Healthcare are expected to decrease at a much lower rate. During a bear market, however, Humanwell Healthcare Group is likely to outperform the market. Additionally Humanwell Healthcare Group has an alpha of 0.21, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Humanwell Healthcare Price Density |
| Price |
Predictive Modules for Humanwell Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Humanwell Healthcare. 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.Humanwell Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Humanwell Healthcare is not an exception. The market had few large corrections towards the Humanwell Healthcare'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 Humanwell Healthcare Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Humanwell Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 2.05 | |
Ir | Information ratio | 0.02 |
Humanwell Healthcare 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 Humanwell Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Humanwell Healthcare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Humanwell Healthcare had very high historical volatility over the last 90 days | |
| Humanwell Healthcare is unlikely to experience financial distress in the next 2 years | |
| About 37.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Humanwell Healthcare Ltd delivers shareholders respectable 14 percent CAGR over 5 years, surging 4.5 percent in the last week alone - Simply Wall St |
Humanwell Healthcare 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 Humanwell Stock often depends not only on the future outlook of the current and potential Humanwell Healthcare'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. Humanwell Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.6 B |
Humanwell Healthcare Technical Analysis
Humanwell Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Humanwell Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Humanwell Healthcare Group. In general, you should focus on analyzing Humanwell Stock price patterns and their correlations with different microeconomic environments and drivers.
Humanwell Healthcare Predictive Forecast Models
Humanwell Healthcare's time-series forecasting models is one of many Humanwell Healthcare'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 Humanwell Healthcare'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 Humanwell Healthcare
Checking the ongoing alerts about Humanwell Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Humanwell Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Humanwell Healthcare had very high historical volatility over the last 90 days | |
| Humanwell Healthcare is unlikely to experience financial distress in the next 2 years | |
| About 37.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Humanwell Healthcare Ltd delivers shareholders respectable 14 percent CAGR over 5 years, surging 4.5 percent in the last week alone - Simply Wall St |
Other Information on Investing in Humanwell Stock
Humanwell Healthcare financial ratios help investors to determine whether Humanwell 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 Humanwell with respect to the benefits of owning Humanwell Healthcare security.