Senmiao Technology Stock Probability of Future Stock Price Finishing Under 0.89
| AIHS Stock | USD 0.89 0.05 5.32% |
Senmiao |
Senmiao Technology Target Price Odds to finish below 0.89
The tendency of Senmiao 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 move below current price in 90 days |
| 0.89 | 90 days | 0.89 | about 17.36 |
Based on a normal probability distribution, the odds of Senmiao Technology to move below current price in 90 days from now is about 17.36 (This Senmiao Technology probability density function shows the probability of Senmiao Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Senmiao Technology has a beta of -1.15. This suggests Additionally Senmiao Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Senmiao Technology Price Density |
| Price |
Predictive Modules for Senmiao Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Senmiao Technology. 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.Senmiao Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Senmiao Technology is not an exception. The market had few large corrections towards the Senmiao Technology'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 Senmiao Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Senmiao Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -1.15 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.12 |
Senmiao Technology 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 Senmiao Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Senmiao Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Senmiao Technology generated a negative expected return over the last 90 days | |
| Senmiao Technology has some characteristics of a very speculative penny stock | |
| Senmiao Technology has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 6.81 M. Net Loss for the year was (3.67 M) with loss before overhead, payroll, taxes, and interest of (1.66 M). | |
| Latest headline from news.google.com: International Game Technology PLC Given Average Recommendation of Moderate Buy by Brokerages - Defense World |
Senmiao Technology 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 Senmiao Stock often depends not only on the future outlook of the current and potential Senmiao Technology'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. Senmiao Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.9 M | |
| Cash And Short Term Investments | 792.3 K |
Senmiao Technology Technical Analysis
Senmiao Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Senmiao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Senmiao Technology. In general, you should focus on analyzing Senmiao Stock price patterns and their correlations with different microeconomic environments and drivers.
Senmiao Technology Predictive Forecast Models
Senmiao Technology's time-series forecasting models is one of many Senmiao Technology'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 Senmiao Technology'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 Senmiao Technology
Checking the ongoing alerts about Senmiao Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Senmiao Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Senmiao Technology generated a negative expected return over the last 90 days | |
| Senmiao Technology has some characteristics of a very speculative penny stock | |
| Senmiao Technology has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 6.81 M. Net Loss for the year was (3.67 M) with loss before overhead, payroll, taxes, and interest of (1.66 M). | |
| Latest headline from news.google.com: International Game Technology PLC Given Average Recommendation of Moderate Buy by Brokerages - Defense World |
Additional Tools for Senmiao Stock Analysis
When running Senmiao Technology's price analysis, check to measure Senmiao Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Senmiao Technology is operating at the current time. Most of Senmiao Technology's value examination focuses on studying past and present price action to predict the probability of Senmiao Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senmiao Technology's price. Additionally, you may evaluate how the addition of Senmiao Technology to your portfolios can decrease your overall portfolio volatility.