Cambricon Technologies (China) Probability of Future Stock Price Finishing Under 608.36
| 688256 Stock | 675.95 39.93 6.28% |
Cambricon |
Cambricon Technologies Target Price Odds to finish below 608.36
The tendency of Cambricon 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 608.36 or more in 90 days |
| 675.95 | 90 days | 608.36 | about 92.69 |
Based on a normal probability distribution, the odds of Cambricon Technologies to drop to 608.36 or more in 90 days from now is about 92.69 (This Cambricon Technologies Corp probability density function shows the probability of Cambricon Stock to fall within a particular range of prices over 90 days) . Probability of Cambricon Technologies price to stay between 608.36 and its current price of 675.95 at the end of the 90-day period is about 5.04 .
Assuming the 90 days trading horizon Cambricon Technologies has a beta of 0.11. This suggests as returns on the market go up, Cambricon Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cambricon Technologies Corp will be expected to be much smaller as well. Moreover Cambricon Technologies Corp has an alpha of 1.8968, implying that it can generate a 1.9 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cambricon Technologies Price Density |
| Price |
Predictive Modules for Cambricon Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cambricon Technologies. 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.Cambricon Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cambricon Technologies is not an exception. The market had few large corrections towards the Cambricon Technologies' 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 Cambricon Technologies Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cambricon Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.90 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 122.59 | |
Ir | Information ratio | 0.32 |
Cambricon Technologies 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 Cambricon Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cambricon Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cambricon Technologies is way too risky over 90 days horizon | |
| Cambricon Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 709.39 M. Net Loss for the year was (848.44 M) with loss before overhead, payroll, taxes, and interest of (729.03 M). | |
| Cambricon Technologies generates negative cash flow from operations | |
| About 53.0% of the company shares are owned by insiders or employees |
Cambricon Technologies 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 Cambricon Stock often depends not only on the future outlook of the current and potential Cambricon Technologies' 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. Cambricon Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 416.6 M |
Cambricon Technologies Technical Analysis
Cambricon Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Cambricon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cambricon Technologies Corp. In general, you should focus on analyzing Cambricon Stock price patterns and their correlations with different microeconomic environments and drivers.
Cambricon Technologies Predictive Forecast Models
Cambricon Technologies' time-series forecasting models is one of many Cambricon Technologies' 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 Cambricon Technologies' 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 Cambricon Technologies
Checking the ongoing alerts about Cambricon Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cambricon Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cambricon Technologies is way too risky over 90 days horizon | |
| Cambricon Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 709.39 M. Net Loss for the year was (848.44 M) with loss before overhead, payroll, taxes, and interest of (729.03 M). | |
| Cambricon Technologies generates negative cash flow from operations | |
| About 53.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Cambricon Stock
Cambricon Technologies financial ratios help investors to determine whether Cambricon 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 Cambricon with respect to the benefits of owning Cambricon Technologies security.