China Oilfield Services Probability of Future Pink Sheet Price Finishing Under 0.85
| CHOLFDelisted Stock | USD 0.98 0.00 0.00% |
China |
China Oilfield Target Price Odds to finish below 0.85
The tendency of China Pink Sheet 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 $ 0.85 or more in 90 days |
| 0.98 | 90 days | 0.85 | near 1 |
Based on a normal probability distribution, the odds of China Oilfield to drop to $ 0.85 or more in 90 days from now is near 1 (This China Oilfield Services probability density function shows the probability of China Pink Sheet to fall within a particular range of prices over 90 days) . Probability of China Oilfield Services price to stay between $ 0.85 and its current price of $0.98 at the end of the 90-day period is nearly 4.01 .
Assuming the 90 days horizon China Oilfield Services has a beta of -0.21 suggesting as returns on the benchmark increase, returns on holding China Oilfield are expected to decrease at a much lower rate. During a bear market, however, China Oilfield Services is likely to outperform the market. Additionally China Oilfield Services 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 Oilfield Price Density |
| Price |
Predictive Modules for China Oilfield
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 Oilfield Services. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Oilfield Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Oilfield is not an exception. The market had few large corrections towards the China Oilfield'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 Oilfield Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Oilfield within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.17 |
China Oilfield 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 Oilfield for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Oilfield Services 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 Oilfield is not yet fully synchronised with the market data | |
| China Oilfield has some characteristics of a very speculative penny stock | |
| China Oilfield has a very high chance of going through financial distress in the upcoming years | |
| Latest headline from thelincolnianonline.com: PDT Partners LLC Acquires New Holdings in Flotek Industries, Inc. |
China Oilfield 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 Pink Sheet often depends not only on the future outlook of the current and potential China Oilfield'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 Oilfield's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.8 B |
China Oilfield Technical Analysis
China Oilfield's future price can be derived by breaking down and analyzing its technical indicators over time. China Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Oilfield Services. In general, you should focus on analyzing China Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
China Oilfield Predictive Forecast Models
China Oilfield's time-series forecasting models is one of many China Oilfield's pink sheet 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 Oilfield'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 pink sheet market movement and maximize returns from investment trading.
Things to note about China Oilfield Services
Checking the ongoing alerts about China Oilfield for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Oilfield Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Oilfield is not yet fully synchronised with the market data | |
| China Oilfield has some characteristics of a very speculative penny stock | |
| China Oilfield has a very high chance of going through financial distress in the upcoming years | |
| Latest headline from thelincolnianonline.com: PDT Partners LLC Acquires New Holdings in Flotek Industries, Inc. |
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 bureau of economic analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in China Pink Sheet
If you are still planning to invest in China Oilfield Services 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 Oilfield's history and understand the potential risks before investing.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |