WuXi Xinje (China) Probability of Future Stock Price Finishing Under 35.49
| 603416 Stock | 41.90 1.25 3.08% |
WuXi |
WuXi Xinje Target Price Odds to finish below 35.49
The tendency of WuXi 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 35.49 or more in 90 days |
| 41.90 | 90 days | 35.49 | about 43.93 |
Based on a normal probability distribution, the odds of WuXi Xinje to drop to 35.49 or more in 90 days from now is about 43.93 (This WuXi Xinje Electric probability density function shows the probability of WuXi Stock to fall within a particular range of prices over 90 days) . Probability of WuXi Xinje Electric price to stay between 35.49 and its current price of 41.9 at the end of the 90-day period is about 49.61 .
Assuming the 90 days trading horizon WuXi Xinje Electric has a beta of -0.0201. This suggests as returns on the benchmark increase, returns on holding WuXi Xinje are expected to decrease at a much lower rate. During a bear market, however, WuXi Xinje Electric is likely to outperform the market. Additionally WuXi Xinje Electric has an alpha of 0.5901, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WuXi Xinje Price Density |
| Price |
Predictive Modules for WuXi Xinje
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WuXi Xinje Electric. 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.WuXi Xinje Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WuXi Xinje is not an exception. The market had few large corrections towards the WuXi Xinje'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 WuXi Xinje Electric, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WuXi Xinje within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 3.82 | |
Ir | Information ratio | 0.18 |
WuXi Xinje 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 WuXi Xinje for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WuXi Xinje Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WuXi Xinje Electric appears to be risky and price may revert if volatility continues | |
| About 53.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: WuXi Xinje Electric Co.,Ltd.s CEO Xin Li is the most upbeat insider, and their holdings increased by 9.3 percent last week - Simply Wall St |
WuXi Xinje 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 WuXi Stock often depends not only on the future outlook of the current and potential WuXi Xinje'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. WuXi Xinje's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 140.6 M | |
| Dividends Paid | 26.5 M | |
| Shares Float | 52.9 M |
WuXi Xinje Technical Analysis
WuXi Xinje's future price can be derived by breaking down and analyzing its technical indicators over time. WuXi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WuXi Xinje Electric. In general, you should focus on analyzing WuXi Stock price patterns and their correlations with different microeconomic environments and drivers.
WuXi Xinje Predictive Forecast Models
WuXi Xinje's time-series forecasting models is one of many WuXi Xinje'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 WuXi Xinje'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 WuXi Xinje Electric
Checking the ongoing alerts about WuXi Xinje for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WuXi Xinje Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WuXi Xinje Electric appears to be risky and price may revert if volatility continues | |
| About 53.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: WuXi Xinje Electric Co.,Ltd.s CEO Xin Li is the most upbeat insider, and their holdings increased by 9.3 percent last week - Simply Wall St |
Other Information on Investing in WuXi Stock
WuXi Xinje financial ratios help investors to determine whether WuXi 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 WuXi with respect to the benefits of owning WuXi Xinje security.