Jonjee Hi (China) Probability of Future Stock Price Finishing Over 27.52

600872 Stock   25.01  0.46  1.87%   
Jonjee Hi's future price is the expected price of Jonjee Hi 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 Jonjee Hi tech Industrial performance during a given time horizon utilizing its historical volatility. Check out Jonjee Hi Backtesting, Jonjee Hi Valuation, Jonjee Hi Correlation, Jonjee Hi Hype Analysis, Jonjee Hi Volatility, Jonjee Hi History as well as Jonjee Hi Performance.
  
Please specify Jonjee Hi's target price for which you would like Jonjee Hi odds to be computed.

Jonjee Hi Target Price Odds to finish over 27.52

The tendency of Jonjee 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  27.52  or more in 90 days
 25.01 90 days 27.52 
near 1
Based on a normal probability distribution, the odds of Jonjee Hi to move over  27.52  or more in 90 days from now is near 1 (This Jonjee Hi tech Industrial probability density function shows the probability of Jonjee Stock to fall within a particular range of prices over 90 days) . Probability of Jonjee Hi tech price to stay between its current price of  25.01  and  27.52  at the end of the 90-day period is about 6.77 .
Assuming the 90 days trading horizon Jonjee Hi has a beta of 0.32. This suggests as returns on the market go up, Jonjee Hi average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jonjee Hi tech Industrial will be expected to be much smaller as well. Additionally Jonjee Hi tech Industrial has an alpha of 0.5826, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Jonjee Hi Price Density   
       Price  

Predictive Modules for Jonjee Hi

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jonjee Hi tech. 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
21.1924.5527.91
Details
Intrinsic
Valuation
LowRealHigh
22.1028.9732.33
Details
Naive
Forecast
LowNextHigh
21.8525.2228.58
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jonjee Hi. Your research has to be compared to or analyzed against Jonjee Hi's peers to derive any actionable benefits. When done correctly, Jonjee Hi's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jonjee Hi tech.

Jonjee Hi Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Jonjee Hi is not an exception. The market had few large corrections towards the Jonjee Hi'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 Jonjee Hi tech Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jonjee Hi within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.58
β
Beta against Dow Jones0.32
σ
Overall volatility
2.62
Ir
Information ratio 0.16

Jonjee Hi 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 Jonjee Hi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jonjee Hi tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Jonjee Hi tech appears to be risky and price may revert if volatility continues
About 29.0% of the company shares are owned by insiders or employees

Jonjee Hi 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 Jonjee Stock often depends not only on the future outlook of the current and potential Jonjee Hi'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. Jonjee Hi's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding785.4 M

Jonjee Hi Technical Analysis

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

Jonjee Hi Predictive Forecast Models

Jonjee Hi's time-series forecasting models is one of many Jonjee Hi'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 Jonjee Hi'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 Jonjee Hi tech

Checking the ongoing alerts about Jonjee Hi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jonjee Hi tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Jonjee Hi tech appears to be risky and price may revert if volatility continues
About 29.0% of the company shares are owned by insiders or employees

Other Information on Investing in Jonjee Stock

Jonjee Hi financial ratios help investors to determine whether Jonjee 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 Jonjee with respect to the benefits of owning Jonjee Hi security.