Sanan Optoelectronics (China) Probability of Future Stock Price Finishing Over 15.78

600703 Stock   12.85  0.20  1.58%   
Sanan Optoelectronics' future price is the expected price of Sanan Optoelectronics instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Sanan Optoelectronics Co performance during a given time horizon utilizing its historical volatility. Check out Sanan Optoelectronics Backtesting, Sanan Optoelectronics Valuation, Sanan Optoelectronics Correlation, Sanan Optoelectronics Hype Analysis, Sanan Optoelectronics Volatility, Sanan Optoelectronics History as well as Sanan Optoelectronics Performance.
  
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Sanan Optoelectronics Target Price Odds to finish over 15.78

The tendency of Sanan 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 PriceHorizonTarget PriceOdds to move over  15.78  or more in 90 days
 12.85 90 days 15.78 
near 1
Based on a normal probability distribution, the odds of Sanan Optoelectronics to move over  15.78  or more in 90 days from now is near 1 (This Sanan Optoelectronics Co probability density function shows the probability of Sanan Stock to fall within a particular range of prices over 90 days) . Probability of Sanan Optoelectronics price to stay between its current price of  12.85  and  15.78  at the end of the 90-day period is about 43.93 .
Assuming the 90 days trading horizon Sanan Optoelectronics has a beta of 0.0508. This suggests as returns on the market go up, Sanan Optoelectronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sanan Optoelectronics Co will be expected to be much smaller as well. Additionally Sanan Optoelectronics Co has an alpha of 0.4137, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Sanan Optoelectronics Price Density   
JavaScript chart by amCharts 3.21.158.279.049.810.5711.3412.112.7913.5614.3215.09Current PriceTargetSanan Optoelectronics Mean 0.050.100.150.200.250.30
       Price  

Predictive Modules for Sanan Optoelectronics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sanan Optoelectronics. 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.
Hype
Prediction
LowEstimatedHigh
9.7712.7615.75
Details
Intrinsic
Valuation
LowRealHigh
9.6412.6315.62
Details
Naive
Forecast
LowNextHigh
10.3713.3616.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Sanan Optoelectronics Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Sanan Optoelectronics is not an exception. The market had few large corrections towards the Sanan Optoelectronics' 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 Sanan Optoelectronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sanan Optoelectronics within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.41
β
Beta against Dow Jones0.05
σ
Overall volatility
1.32
Ir
Information ratio 0.13

Sanan Optoelectronics 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 Sanan Optoelectronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sanan Optoelectronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
About 36.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: Investors in Sanan OptoelectronicsLtd have unfortunately lost 61 percent over the last three years - Simply Wall St

Sanan Optoelectronics 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 Sanan Stock often depends not only on the future outlook of the current and potential Sanan Optoelectronics' 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. Sanan Optoelectronics' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares OutstandingB

Sanan Optoelectronics Technical Analysis

Sanan Optoelectronics' future price can be derived by breaking down and analyzing its technical indicators over time. Sanan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sanan Optoelectronics Co. In general, you should focus on analyzing Sanan Stock price patterns and their correlations with different microeconomic environments and drivers.

Sanan Optoelectronics Predictive Forecast Models

Sanan Optoelectronics' time-series forecasting models is one of many Sanan Optoelectronics' 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 Sanan Optoelectronics' 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 Sanan Optoelectronics

Checking the ongoing alerts about Sanan Optoelectronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sanan Optoelectronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 36.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: Investors in Sanan OptoelectronicsLtd have unfortunately lost 61 percent over the last three years - Simply Wall St

Other Information on Investing in Sanan Stock

Sanan Optoelectronics financial ratios help investors to determine whether Sanan 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 Sanan with respect to the benefits of owning Sanan Optoelectronics security.