Zhuzhou Kibing (China) Probability of Future Stock Price Finishing Over 5.11
| 601636 Stock | 5.98 0.03 0.50% |
Zhuzhou |
Zhuzhou Kibing Target Price Odds to finish over 5.11
The tendency of Zhuzhou 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 stay above 5.11 in 90 days |
| 5.98 | 90 days | 5.11 | under 95 |
Based on a normal probability distribution, the odds of Zhuzhou Kibing to stay above 5.11 in 90 days from now is under 95 (This Zhuzhou Kibing Group probability density function shows the probability of Zhuzhou Stock to fall within a particular range of prices over 90 days) . Probability of Zhuzhou Kibing Group price to stay between 5.11 and its current price of 5.98 at the end of the 90-day period is about 40.92 .
Assuming the 90 days trading horizon Zhuzhou Kibing Group has a beta of -0.47. This suggests as returns on the benchmark increase, returns on holding Zhuzhou Kibing are expected to decrease at a much lower rate. During a bear market, however, Zhuzhou Kibing Group is likely to outperform the market. Additionally Zhuzhou Kibing Group has an alpha of 0.3876, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhuzhou Kibing Price Density |
| Price |
Predictive Modules for Zhuzhou Kibing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhuzhou Kibing Group. 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.Zhuzhou Kibing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhuzhou Kibing is not an exception. The market had few large corrections towards the Zhuzhou Kibing'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 Zhuzhou Kibing Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhuzhou Kibing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | 0.11 |
Zhuzhou Kibing 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 Zhuzhou Kibing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhuzhou Kibing Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhuzhou Kibing Group had very high historical volatility over the last 90 days | |
| About 43.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Zhuzhou Kibing GroupLtds earnings trajectory could turn positive as the stock lifts 3.9 percent this past week - Simply Wall St |
Zhuzhou Kibing 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 Zhuzhou Stock often depends not only on the future outlook of the current and potential Zhuzhou Kibing'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. Zhuzhou Kibing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B |
Zhuzhou Kibing Technical Analysis
Zhuzhou Kibing's future price can be derived by breaking down and analyzing its technical indicators over time. Zhuzhou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhuzhou Kibing Group. In general, you should focus on analyzing Zhuzhou Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhuzhou Kibing Predictive Forecast Models
Zhuzhou Kibing's time-series forecasting models is one of many Zhuzhou Kibing'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 Zhuzhou Kibing'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 Zhuzhou Kibing Group
Checking the ongoing alerts about Zhuzhou Kibing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhuzhou Kibing Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhuzhou Kibing Group had very high historical volatility over the last 90 days | |
| About 43.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Zhuzhou Kibing GroupLtds earnings trajectory could turn positive as the stock lifts 3.9 percent this past week - Simply Wall St |
Other Information on Investing in Zhuzhou Stock
Zhuzhou Kibing financial ratios help investors to determine whether Zhuzhou 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 Zhuzhou with respect to the benefits of owning Zhuzhou Kibing security.