Jinhui Liquor (China) Probability of Future Stock Price Finishing Under 20.6
| 603919 Stock | 20.00 0.05 0.25% |
Jinhui |
Jinhui Liquor Target Price Odds to finish below 20.6
The tendency of Jinhui 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 under 20.60 after 90 days |
| 20.00 | 90 days | 20.60 | about 59.71 |
Based on a normal probability distribution, the odds of Jinhui Liquor to stay under 20.60 after 90 days from now is about 59.71 (This Jinhui Liquor Co probability density function shows the probability of Jinhui Stock to fall within a particular range of prices over 90 days) . Probability of Jinhui Liquor price to stay between its current price of 20.00 and 20.60 at the end of the 90-day period is about 13.49 .
Assuming the 90 days trading horizon Jinhui Liquor has a beta of 0.5. This suggests as returns on the market go up, Jinhui Liquor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jinhui Liquor Co will be expected to be much smaller as well. Additionally Jinhui Liquor Co has an alpha of 0.3234, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jinhui Liquor Price Density |
| Price |
Predictive Modules for Jinhui Liquor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jinhui Liquor. 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.Jinhui Liquor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jinhui Liquor is not an exception. The market had few large corrections towards the Jinhui Liquor'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 Jinhui Liquor Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jinhui Liquor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | 0.09 |
Jinhui Liquor 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 Jinhui Liquor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jinhui Liquor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jinhui Liquor had very high historical volatility over the last 90 days | |
| About 65.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: The three-year shareholder returns and company earnings persist lower as JINHUI LIQUOR stock falls a further 7.9 percent in past week - Simply Wall St |
Jinhui Liquor 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 Jinhui Stock often depends not only on the future outlook of the current and potential Jinhui Liquor'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. Jinhui Liquor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 507.3 M |
Jinhui Liquor Technical Analysis
Jinhui Liquor's future price can be derived by breaking down and analyzing its technical indicators over time. Jinhui Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jinhui Liquor Co. In general, you should focus on analyzing Jinhui Stock price patterns and their correlations with different microeconomic environments and drivers.
Jinhui Liquor Predictive Forecast Models
Jinhui Liquor's time-series forecasting models is one of many Jinhui Liquor'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 Jinhui Liquor'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 Jinhui Liquor
Checking the ongoing alerts about Jinhui Liquor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jinhui Liquor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jinhui Liquor had very high historical volatility over the last 90 days | |
| About 65.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: The three-year shareholder returns and company earnings persist lower as JINHUI LIQUOR stock falls a further 7.9 percent in past week - Simply Wall St |
Other Information on Investing in Jinhui Stock
Jinhui Liquor financial ratios help investors to determine whether Jinhui 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 Jinhui with respect to the benefits of owning Jinhui Liquor security.