Lingyuan Iron (China) Probability of Future Stock Price Finishing Over 5.19
| 600231 Stock | 2.07 0.11 5.05% |
Lingyuan |
Lingyuan Iron Target Price Odds to finish over 5.19
The tendency of Lingyuan 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 move over 5.19 or more in 90 days |
| 2.07 | 90 days | 5.19 | close to zero percent |
Based on a normal probability distribution, the odds of Lingyuan Iron to move over 5.19 or more in 90 days from now is close to zero percent (This Lingyuan Iron Steel probability density function shows the probability of Lingyuan Stock to fall within a particular range of prices over 90 days) . Probability of Lingyuan Iron Steel price to stay between its current price of 2.07 and 5.19 at the end of the 90-day period is about 15.87 .
Assuming the 90 days trading horizon Lingyuan Iron Steel has a beta of -0.68. This suggests as returns on the benchmark increase, returns on holding Lingyuan Iron are expected to decrease at a much lower rate. During a bear market, however, Lingyuan Iron Steel is likely to outperform the market. Additionally Lingyuan Iron Steel has an alpha of 0.6981, implying that it can generate a 0.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lingyuan Iron Price Density |
| Price |
Predictive Modules for Lingyuan 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 Lingyuan 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.Lingyuan Iron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lingyuan Iron is not an exception. The market had few large corrections towards the Lingyuan 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 Lingyuan Iron Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lingyuan Iron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.70 | |
β | Beta against Dow Jones | -0.68 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.15 |
Lingyuan 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 Lingyuan Iron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lingyuan 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.| Lingyuan Iron Steel appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 20.32 B. Net Loss for the year was (681.17 M) with loss before overhead, payroll, taxes, and interest of (460 M). | |
| About 75.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is Lingyuan Iron Steel Using Debt Sensibly - Simply Wall St |
Lingyuan 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 Lingyuan Stock often depends not only on the future outlook of the current and potential Lingyuan 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. Lingyuan Iron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.9 B |
Lingyuan Iron Technical Analysis
Lingyuan Iron's future price can be derived by breaking down and analyzing its technical indicators over time. Lingyuan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lingyuan Iron Steel. In general, you should focus on analyzing Lingyuan Stock price patterns and their correlations with different microeconomic environments and drivers.
Lingyuan Iron Predictive Forecast Models
Lingyuan Iron's time-series forecasting models is one of many Lingyuan 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 Lingyuan 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 Lingyuan Iron Steel
Checking the ongoing alerts about Lingyuan Iron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lingyuan Iron Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lingyuan Iron Steel appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 20.32 B. Net Loss for the year was (681.17 M) with loss before overhead, payroll, taxes, and interest of (460 M). | |
| About 75.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is Lingyuan Iron Steel Using Debt Sensibly - Simply Wall St |
Other Information on Investing in Lingyuan Stock
Lingyuan Iron financial ratios help investors to determine whether Lingyuan 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 Lingyuan with respect to the benefits of owning Lingyuan Iron security.