Changchun BCHT (China) Probability of Future Stock Price Finishing Under 22.56
| 688276 Stock | 27.32 0.19 0.69% |
Changchun |
Changchun BCHT Target Price Odds to finish below 22.56
The tendency of Changchun 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 22.56 or more in 90 days |
| 27.32 | 90 days | 22.56 | about 7.59 |
Based on a normal probability distribution, the odds of Changchun BCHT to drop to 22.56 or more in 90 days from now is about 7.59 (This Changchun BCHT Biotechnology probability density function shows the probability of Changchun Stock to fall within a particular range of prices over 90 days) . Probability of Changchun BCHT Biote price to stay between 22.56 and its current price of 27.32 at the end of the 90-day period is about 58.98 .
Assuming the 90 days trading horizon Changchun BCHT Biotechnology has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding Changchun BCHT are expected to decrease at a much lower rate. During a bear market, however, Changchun BCHT Biotechnology is likely to outperform the market. Additionally Changchun BCHT Biotechnology has an alpha of 0.2637, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Changchun BCHT Price Density |
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Predictive Modules for Changchun BCHT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Changchun BCHT Biote. 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.Changchun BCHT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Changchun BCHT is not an exception. The market had few large corrections towards the Changchun BCHT'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 Changchun BCHT Biotechnology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Changchun BCHT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 2.56 | |
Ir | Information ratio | 0.03 |
Changchun BCHT 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 Changchun BCHT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Changchun BCHT Biote can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Changchun BCHT Biote had very high historical volatility over the last 90 days | |
| About 78.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: GSK cuts Shingrix deliveries in revised Zhifei China pact, moves closer to RSV vaccine deal - FiercePharma |
Changchun BCHT 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 Changchun Stock often depends not only on the future outlook of the current and potential Changchun BCHT'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. Changchun BCHT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 412.8 M |
Changchun BCHT Technical Analysis
Changchun BCHT's future price can be derived by breaking down and analyzing its technical indicators over time. Changchun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Changchun BCHT Biotechnology. In general, you should focus on analyzing Changchun Stock price patterns and their correlations with different microeconomic environments and drivers.
Changchun BCHT Predictive Forecast Models
Changchun BCHT's time-series forecasting models is one of many Changchun BCHT'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 Changchun BCHT'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 Changchun BCHT Biote
Checking the ongoing alerts about Changchun BCHT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Changchun BCHT Biote help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Changchun BCHT Biote had very high historical volatility over the last 90 days | |
| About 78.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: GSK cuts Shingrix deliveries in revised Zhifei China pact, moves closer to RSV vaccine deal - FiercePharma |
Other Information on Investing in Changchun Stock
Changchun BCHT financial ratios help investors to determine whether Changchun 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 Changchun with respect to the benefits of owning Changchun BCHT security.