Zhangjiagang Freetrade (China) Probability of Future Stock Price Finishing Under 1.36
| 600794 Stock | 3.89 0.16 3.95% |
Zhangjiagang |
Zhangjiagang Freetrade Target Price Odds to finish below 1.36
The tendency of Zhangjiagang 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 1.36 or more in 90 days |
| 3.89 | 90 days | 1.36 | near 1 |
Based on a normal probability distribution, the odds of Zhangjiagang Freetrade to drop to 1.36 or more in 90 days from now is near 1 (This Zhangjiagang Freetrade Science probability density function shows the probability of Zhangjiagang Stock to fall within a particular range of prices over 90 days) . Probability of Zhangjiagang Freetrade price to stay between 1.36 and its current price of 3.89 at the end of the 90-day period is about 91.02 .
Assuming the 90 days trading horizon Zhangjiagang Freetrade has a beta of 0.63. This suggests as returns on the market go up, Zhangjiagang Freetrade average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zhangjiagang Freetrade Science will be expected to be much smaller as well. Additionally Zhangjiagang Freetrade Science has an alpha of 0.3538, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhangjiagang Freetrade Price Density |
| Price |
Predictive Modules for Zhangjiagang Freetrade
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhangjiagang Freetrade. 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.Zhangjiagang Freetrade Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhangjiagang Freetrade is not an exception. The market had few large corrections towards the Zhangjiagang Freetrade'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 Zhangjiagang Freetrade Science, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhangjiagang Freetrade within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | 0.11 |
Zhangjiagang Freetrade 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 Zhangjiagang Freetrade for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhangjiagang Freetrade can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhangjiagang Freetrade is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Uncovering Three Undiscovered Gems with Strong Financial Foundations - Simply Wall St |
Zhangjiagang Freetrade 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 Zhangjiagang Stock often depends not only on the future outlook of the current and potential Zhangjiagang Freetrade'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. Zhangjiagang Freetrade's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
Zhangjiagang Freetrade Technical Analysis
Zhangjiagang Freetrade's future price can be derived by breaking down and analyzing its technical indicators over time. Zhangjiagang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhangjiagang Freetrade Science. In general, you should focus on analyzing Zhangjiagang Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhangjiagang Freetrade Predictive Forecast Models
Zhangjiagang Freetrade's time-series forecasting models is one of many Zhangjiagang Freetrade'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 Zhangjiagang Freetrade'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 Zhangjiagang Freetrade
Checking the ongoing alerts about Zhangjiagang Freetrade for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhangjiagang Freetrade help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhangjiagang Freetrade is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Uncovering Three Undiscovered Gems with Strong Financial Foundations - Simply Wall St |
Other Information on Investing in Zhangjiagang Stock
Zhangjiagang Freetrade financial ratios help investors to determine whether Zhangjiagang 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 Zhangjiagang with respect to the benefits of owning Zhangjiagang Freetrade security.