China Green Agriculture Probability of Future Stock Price Finishing Over 29.69
| CGADelisted Stock | USD 1.98 0.02 1.02% |
China |
China Green Target Price Odds to finish over 29.69
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 move over $ 29.69 or more in 90 days |
| 1.98 | 90 days | 29.69 | close to zero percent |
Based on a normal probability distribution, the odds of China Green to move over $ 29.69 or more in 90 days from now is close to zero percent (This China Green Agriculture probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) . Probability of China Green Agriculture price to stay between its current price of $ 1.98 and $ 29.69 at the end of the 90-day period is about 36.94 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.11 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, China Green will likely underperform. Additionally China Green Agriculture has an alpha of 0.175, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). China Green Price Density |
| Price |
Predictive Modules for China Green
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 Green Agriculture. 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.China Green Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Green is not an exception. The market had few large corrections towards the China Green'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 Green Agriculture, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Green within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 2.11 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | 0.03 |
China Green 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 Green for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Green Agriculture 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 Green is now traded under the symbol ENFY. Please update your portfolios or report it if you believe this is an error. Report It! | |
| China Green is not yet fully synchronised with the market data | |
| China Green is way too risky over 90 days horizon | |
| China Green may become a speculative penny stock | |
| China Green appears to be risky and price may revert if volatility continues | |
| China Green has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 95.85 M. Reported Net Loss for the year was (28.41 M) with profit before taxes, overhead, and interest of 21.92 M. | |
| China Green Agriculture has about 71.14 M in cash with (9.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 45.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: China Green Agriculture Stock Drops Amid Market Volatility |
China Green 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 Green'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 Green's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.9 M | |
| Cash And Short Term Investments | 58.8 M |
China Green Technical Analysis
China Green'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 Green Agriculture. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Green Predictive Forecast Models
China Green's time-series forecasting models is one of many China Green'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 Green'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 Green Agriculture
Checking the ongoing alerts about China Green for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Green Agriculture help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Green is now traded under the symbol ENFY. Please update your portfolios or report it if you believe this is an error. Report It! | |
| China Green is not yet fully synchronised with the market data | |
| China Green is way too risky over 90 days horizon | |
| China Green may become a speculative penny stock | |
| China Green appears to be risky and price may revert if volatility continues | |
| China Green has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 95.85 M. Reported Net Loss for the year was (28.41 M) with profit before taxes, overhead, and interest of 21.92 M. | |
| China Green Agriculture has about 71.14 M in cash with (9.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 45.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: China Green Agriculture Stock Drops Amid Market Volatility |
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 price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in China Stock
If you are still planning to invest in China Green Agriculture 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 Green's history and understand the potential risks before investing.
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