Northern United (China) Probability of Future Stock Price Finishing Under 6.12
| 601999 Stock | 6.64 0.14 2.06% |
Northern |
Northern United Target Price Odds to finish below 6.12
The tendency of Northern 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 6.12 or more in 90 days |
| 6.64 | 90 days | 6.12 | about 20.28 |
Based on a normal probability distribution, the odds of Northern United to drop to 6.12 or more in 90 days from now is about 20.28 (This Northern United Publishing probability density function shows the probability of Northern Stock to fall within a particular range of prices over 90 days) . Probability of Northern United Publ price to stay between 6.12 and its current price of 6.64 at the end of the 90-day period is about 32.35 .
Assuming the 90 days trading horizon Northern United Publishing has a beta of -0.0789. This suggests as returns on the benchmark increase, returns on holding Northern United are expected to decrease at a much lower rate. During a bear market, however, Northern United Publishing is likely to outperform the market. Additionally Northern United Publishing has an alpha of 0.3488, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Northern United Price Density |
| Price |
Predictive Modules for Northern United
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern United Publ. 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.Northern United Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern United is not an exception. The market had few large corrections towards the Northern United'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 Northern United Publishing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern United within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | 0.1 |
Northern United 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 Northern United for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern United Publ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Northern United Publ had very high historical volatility over the last 90 days | |
| Northern United Publ is unlikely to experience financial distress in the next 2 years | |
| About 70.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Northern United Publishing Media Is Looking To Continue Growing Its Returns On Capital - Simply Wall St |
Northern United 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 Northern Stock often depends not only on the future outlook of the current and potential Northern United'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. Northern United's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 550.9 M |
Northern United Technical Analysis
Northern United's future price can be derived by breaking down and analyzing its technical indicators over time. Northern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern United Publishing. In general, you should focus on analyzing Northern Stock price patterns and their correlations with different microeconomic environments and drivers.
Northern United Predictive Forecast Models
Northern United's time-series forecasting models is one of many Northern United'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 Northern United'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 Northern United Publ
Checking the ongoing alerts about Northern United for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northern United Publ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Northern United Publ had very high historical volatility over the last 90 days | |
| Northern United Publ is unlikely to experience financial distress in the next 2 years | |
| About 70.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Northern United Publishing Media Is Looking To Continue Growing Its Returns On Capital - Simply Wall St |
Other Information on Investing in Northern Stock
Northern United financial ratios help investors to determine whether Northern 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 Northern with respect to the benefits of owning Northern United security.