China Auto Logistics Etf Probability of Future Etf Price Finishing Over 50.34
| CALI Etf | USD 50.34 0.01 0.02% |
China |
China Auto Target Price Odds to finish over 50.34
The tendency of China Etf 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 above the current price in 90 days |
| 50.34 | 90 days | 50.34 | roughly 2.51 |
Based on a normal probability distribution, the odds of China Auto to move above the current price in 90 days from now is roughly 2.51 (This China Auto Logistics probability density function shows the probability of China Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days China Auto Logistics has a beta of -0.0182 suggesting as returns on the benchmark increase, returns on holding China Auto are expected to decrease at a much lower rate. During a bear market, however, China Auto Logistics is likely to outperform the market. Additionally China Auto Logistics has an alpha of 0.0021, implying that it can generate a 0.002078 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). China Auto Price Density |
| Price |
Predictive Modules for China Auto
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Auto Logistics. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.China Auto Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Auto is not an exception. The market had few large corrections towards the China Auto'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 China Auto Logistics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Auto within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -1.49 |
China Auto 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 China Auto for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Auto Logistics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| China Auto Logistics was previously known as BlackRock Short Term California and was traded on NASDAQ Exchange under the symbol CALY. | |
| China Auto Logistics currently holds about 5.74 M in cash with (50.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19. | |
| Latest headline from news.google.com: USD CAD - Canadian dollar reprieve cancelled - Baystreet.ca | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
China Auto 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 China Etf often depends not only on the future outlook of the current and potential China Auto'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. China Auto's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4 M | |
| Cash And Short Term Investments | 3 M |
China Auto Technical Analysis
China Auto's future price can be derived by breaking down and analyzing its technical indicators over time. China Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Auto Logistics. In general, you should focus on analyzing China Etf price patterns and their correlations with different microeconomic environments and drivers.
China Auto Predictive Forecast Models
China Auto's time-series forecasting models is one of many China Auto's etf 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 China Auto'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 etf market movement and maximize returns from investment trading.
Things to note about China Auto Logistics
Checking the ongoing alerts about China Auto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Auto Logistics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Auto Logistics was previously known as BlackRock Short Term California and was traded on NASDAQ Exchange under the symbol CALY. | |
| China Auto Logistics currently holds about 5.74 M in cash with (50.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19. | |
| Latest headline from news.google.com: USD CAD - Canadian dollar reprieve cancelled - Baystreet.ca | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in China Etf
China Auto financial ratios help investors to determine whether China Etf 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 China with respect to the benefits of owning China Auto security.