Road Environment (China) Probability of Future Stock Price Finishing Under 10.33
| 688156 Stock | 14.03 0.47 3.47% |
Road |
Road Environment Target Price Odds to finish below 10.33
The tendency of Road 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 10.33 or more in 90 days |
| 14.03 | 90 days | 10.33 | roughly 2.26 |
Based on a normal probability distribution, the odds of Road Environment to drop to 10.33 or more in 90 days from now is roughly 2.26 (This Road Environment Technology probability density function shows the probability of Road Stock to fall within a particular range of prices over 90 days) . Probability of Road Environment Tec price to stay between 10.33 and its current price of 14.03 at the end of the 90-day period is about 82.63 .
Assuming the 90 days trading horizon Road Environment has a beta of 0.0563. This suggests as returns on the market go up, Road Environment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Road Environment Technology will be expected to be much smaller as well. Additionally Road Environment Technology has an alpha of 0.4937, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Road Environment Price Density |
| Price |
Predictive Modules for Road Environment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Road Environment Tec. 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.Road Environment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Road Environment is not an exception. The market had few large corrections towards the Road Environment'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 Road Environment Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Road Environment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 1.22 | |
Ir | Information ratio | 0.14 |
Road Environment 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 Road Environment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Road Environment Tec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Road Environment Tec appears to be risky and price may revert if volatility continues | |
| Road Environment generates negative cash flow from operations | |
| About 41.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: An Ambitious Journey. How Pony.ai is Disrupting the Roads and the Markets. - Jomfruland.net |
Road Environment 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 Road Stock often depends not only on the future outlook of the current and potential Road Environment'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. Road Environment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 100.7 M |
Road Environment Technical Analysis
Road Environment's future price can be derived by breaking down and analyzing its technical indicators over time. Road Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Road Environment Technology. In general, you should focus on analyzing Road Stock price patterns and their correlations with different microeconomic environments and drivers.
Road Environment Predictive Forecast Models
Road Environment's time-series forecasting models is one of many Road Environment'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 Road Environment'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 Road Environment Tec
Checking the ongoing alerts about Road Environment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Road Environment Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Road Environment Tec appears to be risky and price may revert if volatility continues | |
| Road Environment generates negative cash flow from operations | |
| About 41.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: An Ambitious Journey. How Pony.ai is Disrupting the Roads and the Markets. - Jomfruland.net |
Other Information on Investing in Road Stock
Road Environment financial ratios help investors to determine whether Road 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 Road with respect to the benefits of owning Road Environment security.