Sunny Loan (China) Probability of Future Stock Price Finishing Over 18.47
| 600830 Stock | 10.62 0.09 0.85% |
Sunny |
Sunny Loan Target Price Odds to finish over 18.47
The tendency of Sunny 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 18.47 or more in 90 days |
| 10.62 | 90 days | 18.47 | near 1 |
Based on a normal probability distribution, the odds of Sunny Loan to move over 18.47 or more in 90 days from now is near 1 (This Sunny Loan Top probability density function shows the probability of Sunny Stock to fall within a particular range of prices over 90 days) . Probability of Sunny Loan Top price to stay between its current price of 10.62 and 18.47 at the end of the 90-day period is about 60.23 .
Assuming the 90 days trading horizon Sunny Loan has a beta of 0.0105. This suggests as returns on the market go up, Sunny Loan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sunny Loan Top will be expected to be much smaller as well. Additionally Sunny Loan Top has an alpha of 0.3934, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sunny Loan Price Density |
| Price |
Predictive Modules for Sunny Loan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunny Loan Top. 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.Sunny Loan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunny Loan is not an exception. The market had few large corrections towards the Sunny Loan'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 Sunny Loan Top, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunny Loan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.81 | |
Ir | Information ratio | 0.09 |
Sunny Loan 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 Sunny Loan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunny Loan Top can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunny Loan Top generated a negative expected return over the last 90 days | |
| Sunny Loan Top has high historical volatility and very poor performance | |
| Sunny Loan Top is unlikely to experience financial distress in the next 2 years | |
| Sunny Loan generates negative cash flow from operations | |
| About 44.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Multibagger penny stock under 5 hits upper circuit. Rises 3000 percent in five years Stock Market News - Mint |
Sunny Loan 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 Sunny Stock often depends not only on the future outlook of the current and potential Sunny Loan'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. Sunny Loan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 454.3 M |
Sunny Loan Technical Analysis
Sunny Loan's future price can be derived by breaking down and analyzing its technical indicators over time. Sunny Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunny Loan Top. In general, you should focus on analyzing Sunny Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunny Loan Predictive Forecast Models
Sunny Loan's time-series forecasting models is one of many Sunny Loan'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 Sunny Loan'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 Sunny Loan Top
Checking the ongoing alerts about Sunny Loan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunny Loan Top help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunny Loan Top generated a negative expected return over the last 90 days | |
| Sunny Loan Top has high historical volatility and very poor performance | |
| Sunny Loan Top is unlikely to experience financial distress in the next 2 years | |
| Sunny Loan generates negative cash flow from operations | |
| About 44.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Multibagger penny stock under 5 hits upper circuit. Rises 3000 percent in five years Stock Market News - Mint |
Other Information on Investing in Sunny Stock
Sunny Loan financial ratios help investors to determine whether Sunny 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 Sunny with respect to the benefits of owning Sunny Loan security.