China Eastern Airlines Probability of Future Stock Price Finishing Over 17.14
| CEADelisted Stock | USD 19.98 0.00 0.00% |
China |
China Eastern Target Price Odds to finish over 17.14
The tendency of China 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 stay above $ 17.14 in 90 days |
| 19.98 | 90 days | 17.14 | close to 99 |
Based on a normal probability distribution, the odds of China Eastern to stay above $ 17.14 in 90 days from now is close to 99 (This China Eastern Airlines probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) . Probability of China Eastern Airlines price to stay between $ 17.14 and its current price of $19.98 at the end of the 90-day period is about 36.03 .
Considering the 90-day investment horizon China Eastern Airlines has a beta of -0.39 suggesting as returns on the benchmark increase, returns on holding China Eastern are expected to decrease at a much lower rate. During a bear market, however, China Eastern Airlines is likely to outperform the market. Additionally China Eastern Airlines 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. China Eastern Price Density |
| Price |
Predictive Modules for China Eastern
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 Eastern Airlines. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Eastern's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
China Eastern Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Eastern is not an exception. The market had few large corrections towards the China Eastern'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 Eastern Airlines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Eastern within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0078 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 0.70 | |
Ir | Information ratio | -0.07 |
China Eastern 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 Eastern for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Eastern Airlines 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 Eastern is not yet fully synchronised with the market data | |
| China Eastern has a very high chance of going through financial distress in the upcoming years | |
| China Eastern Airlines has 132.92 B in debt with debt to equity (D/E) ratio of 8.93, demonstrating that the company may be unable to create cash to meet all of its financial commitments. China Eastern Airlines has a current ratio of 0.3, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for China to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 66.89 B. Reported Net Loss for the year was (17.51 B) with loss before taxes, overhead, and interest of (12.94 B). |
China Eastern 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 Stock often depends not only on the future outlook of the current and potential China Eastern'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 Eastern's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 335.9 M | |
| Cash And Short Term Investments | 13 B |
China Eastern Technical Analysis
China Eastern's future price can be derived by breaking down and analyzing its technical indicators over time. China Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Eastern Airlines. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Eastern Predictive Forecast Models
China Eastern's time-series forecasting models is one of many China Eastern'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 China Eastern'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 China Eastern Airlines
Checking the ongoing alerts about China Eastern for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Eastern Airlines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Eastern is not yet fully synchronised with the market data | |
| China Eastern has a very high chance of going through financial distress in the upcoming years | |
| China Eastern Airlines has 132.92 B in debt with debt to equity (D/E) ratio of 8.93, demonstrating that the company may be unable to create cash to meet all of its financial commitments. China Eastern Airlines has a current ratio of 0.3, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for China to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 66.89 B. Reported Net Loss for the year was (17.51 B) with loss before taxes, overhead, and interest of (12.94 B). |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in China Stock
If you are still planning to invest in China Eastern Airlines check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China Eastern's history and understand the potential risks before investing.
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