Ming Yang (China) Probability of Future Stock Price Finishing Under 6.80
| 601615 Stock | 13.82 0.05 0.36% |
Ming |
Ming Yang Target Price Odds to finish below 6.80
The tendency of Ming 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 6.80 or more in 90 days |
| 13.82 | 90 days | 6.80 | about 1.96 |
Based on a normal probability distribution, the odds of Ming Yang to drop to 6.80 or more in 90 days from now is about 1.96 (This Ming Yang Smart probability density function shows the probability of Ming Stock to fall within a particular range of prices over 90 days) . Probability of Ming Yang Smart price to stay between 6.80 and its current price of 13.82 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days trading horizon Ming Yang Smart has a beta of -0.23. This suggests as returns on the benchmark increase, returns on holding Ming Yang are expected to decrease at a much lower rate. During a bear market, however, Ming Yang Smart is likely to outperform the market. Additionally Ming Yang Smart has an alpha of 0.7275, implying that it can generate a 0.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ming Yang Price Density |
| Price |
Predictive Modules for Ming Yang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ming Yang Smart. 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.Ming Yang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ming Yang is not an exception. The market had few large corrections towards the Ming Yang'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 Ming Yang Smart, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ming Yang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.73 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 1.87 | |
Ir | Information ratio | 0.17 |
Ming Yang 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 Ming Yang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ming Yang Smart can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ming Yang Smart appears to be risky and price may revert if volatility continues | |
| Ming Yang generates negative cash flow from operations | |
| About 25.0% of the company shares are owned by insiders or employees |
Ming Yang 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 Ming Stock often depends not only on the future outlook of the current and potential Ming Yang'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. Ming Yang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.3 B |
Ming Yang Technical Analysis
Ming Yang's future price can be derived by breaking down and analyzing its technical indicators over time. Ming Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ming Yang Smart. In general, you should focus on analyzing Ming Stock price patterns and their correlations with different microeconomic environments and drivers.
Ming Yang Predictive Forecast Models
Ming Yang's time-series forecasting models is one of many Ming Yang'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 Ming Yang'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 Ming Yang Smart
Checking the ongoing alerts about Ming Yang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ming Yang Smart help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ming Yang Smart appears to be risky and price may revert if volatility continues | |
| Ming Yang generates negative cash flow from operations | |
| About 25.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Ming Stock
Ming Yang financial ratios help investors to determine whether Ming 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 Ming with respect to the benefits of owning Ming Yang security.