Keda Clean (China) Probability of Future Stock Price Finishing Over 19.41
| 600499 Stock | 8.63 0.02 0.23% |
Keda |
Keda Clean Target Price Odds to finish over 19.41
The tendency of Keda 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 19.41 or more in 90 days |
| 8.63 | 90 days | 19.41 | close to zero percent |
Based on a normal probability distribution, the odds of Keda Clean to move over 19.41 or more in 90 days from now is close to zero percent (This Keda Clean Energy probability density function shows the probability of Keda Stock to fall within a particular range of prices over 90 days) . Probability of Keda Clean Energy price to stay between its current price of 8.63 and 19.41 at the end of the 90-day period is about 12.02 .
Assuming the 90 days trading horizon Keda Clean Energy has a beta of -0.64. This suggests as returns on the benchmark increase, returns on holding Keda Clean are expected to decrease at a much lower rate. During a bear market, however, Keda Clean Energy is likely to outperform the market. Additionally Keda Clean Energy has an alpha of 0.5134, implying that it can generate a 0.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Keda Clean Price Density |
| Price |
Predictive Modules for Keda Clean
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keda Clean Energy. 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.Keda Clean Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Keda Clean is not an exception. The market had few large corrections towards the Keda Clean'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 Keda Clean Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Keda Clean within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.51 | |
β | Beta against Dow Jones | -0.64 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | 0.12 |
Keda Clean 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 Keda Clean for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Keda Clean Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Keda Clean Energy had very high historical volatility over the last 90 days | |
| Keda Clean Energy is unlikely to experience financial distress in the next 2 years | |
| About 49.0% of the company shares are owned by insiders or employees |
Keda Clean 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 Keda Stock often depends not only on the future outlook of the current and potential Keda Clean'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. Keda Clean's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B | |
| Dividends Paid | 1.6 B | |
| Shares Float | 989.4 M |
Keda Clean Technical Analysis
Keda Clean's future price can be derived by breaking down and analyzing its technical indicators over time. Keda Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Keda Clean Energy. In general, you should focus on analyzing Keda Stock price patterns and their correlations with different microeconomic environments and drivers.
Keda Clean Predictive Forecast Models
Keda Clean's time-series forecasting models is one of many Keda Clean'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 Keda Clean'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 Keda Clean Energy
Checking the ongoing alerts about Keda Clean for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Keda Clean Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Keda Clean Energy had very high historical volatility over the last 90 days | |
| Keda Clean Energy is unlikely to experience financial distress in the next 2 years | |
| About 49.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Keda Stock
Keda Clean financial ratios help investors to determine whether Keda 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 Keda with respect to the benefits of owning Keda Clean security.