ZIJIN MINH (Germany) Probability of Future Stock Price Finishing Under 33.8
| FJZB Stock | EUR 36.00 1.00 2.86% |
ZIJIN |
ZIJIN MINH Target Price Odds to finish below 33.8
The tendency of ZIJIN 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 drop to € 33.80 or more in 90 days |
| 36.00 | 90 days | 33.80 | about 16.21 |
Based on a normal probability distribution, the odds of ZIJIN MINH to drop to € 33.80 or more in 90 days from now is about 16.21 (This ZIJIN MINH UNSPADR20 probability density function shows the probability of ZIJIN Stock to fall within a particular range of prices over 90 days) . Probability of ZIJIN MINH UNSPADR20 price to stay between € 33.80 and its current price of €36.0 at the end of the 90-day period is about 27.06 .
Assuming the 90 days trading horizon ZIJIN MINH UNSPADR20 has a beta of -0.41. This usually indicates as returns on the benchmark increase, returns on holding ZIJIN MINH are expected to decrease at a much lower rate. During a bear market, however, ZIJIN MINH UNSPADR20 is likely to outperform the market. Additionally ZIJIN MINH UNSPADR20 has an alpha of 0.3783, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ZIJIN MINH Price Density |
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Predictive Modules for ZIJIN MINH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZIJIN MINH UNSPADR20. 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.ZIJIN MINH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZIJIN MINH is not an exception. The market had few large corrections towards the ZIJIN MINH'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 ZIJIN MINH UNSPADR20, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZIJIN MINH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 2.70 | |
Ir | Information ratio | 0.06 |
ZIJIN MINH 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 ZIJIN MINH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZIJIN MINH UNSPADR20 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZIJIN MINH UNSPADR20 had very high historical volatility over the last 90 days | |
| ZIJIN MINH UNSPADR20 has accumulated 74.31 B in total debt with debt to equity ratio (D/E) of 0.84, which is about average as compared to similar companies. ZIJIN MINH UNSPADR20 has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ZIJIN MINH until it has trouble settling it off, either with new capital or with free cash flow. So, ZIJIN MINH's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ZIJIN MINH UNSPADR20 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ZIJIN to invest in growth at high rates of return. When we think about ZIJIN MINH's use of debt, we should always consider it together with cash and equity. |
ZIJIN MINH Technical Analysis
ZIJIN MINH's future price can be derived by breaking down and analyzing its technical indicators over time. ZIJIN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZIJIN MINH UNSPADR20. In general, you should focus on analyzing ZIJIN Stock price patterns and their correlations with different microeconomic environments and drivers.
ZIJIN MINH Predictive Forecast Models
ZIJIN MINH's time-series forecasting models is one of many ZIJIN MINH'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 ZIJIN MINH'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 ZIJIN MINH UNSPADR20
Checking the ongoing alerts about ZIJIN MINH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZIJIN MINH UNSPADR20 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZIJIN MINH UNSPADR20 had very high historical volatility over the last 90 days | |
| ZIJIN MINH UNSPADR20 has accumulated 74.31 B in total debt with debt to equity ratio (D/E) of 0.84, which is about average as compared to similar companies. ZIJIN MINH UNSPADR20 has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ZIJIN MINH until it has trouble settling it off, either with new capital or with free cash flow. So, ZIJIN MINH's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ZIJIN MINH UNSPADR20 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ZIJIN to invest in growth at high rates of return. When we think about ZIJIN MINH's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in ZIJIN Stock
ZIJIN MINH financial ratios help investors to determine whether ZIJIN Stock 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 ZIJIN with respect to the benefits of owning ZIJIN MINH security.