Bengang Steel (China) Price Prediction
| 000761 Stock | 3.42 0.03 0.87% |
Oversold Vs Overbought
47
Oversold | Overbought |
Quarterly Earnings Growth (0.91) | Quarterly Revenue Growth (0.09) |
Using Bengang Steel hype-based prediction, you can estimate the value of Bengang Steel Plates from the perspective of Bengang Steel response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Bengang Steel to buy its stock at a price that has no basis in reality. In that case, they are not buying Bengang because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Bengang Steel after-hype prediction price | CNY 3.6 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Bengang |
Bengang Steel After-Hype Price Prediction Density Analysis
As far as predicting the price of Bengang Steel at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bengang Steel or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bengang Steel, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Bengang Steel Estimiated After-Hype Price Volatility
In the context of predicting Bengang Steel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bengang Steel's historical news coverage. Bengang Steel's after-hype downside and upside margins for the prediction period are 0.18 and 7.44, respectively. We have considered Bengang Steel's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bengang Steel is risky at this time. Analysis and calculation of next after-hype price of Bengang Steel Plates is based on 3 months time horizon.
Bengang Steel Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Bengang Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bengang Steel backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bengang Steel, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.74 | 3.84 | 0.18 | 0.11 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.42 | 3.60 | 5.26 |
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Bengang Steel Hype Timeline
Bengang Steel Plates is presently traded for 3.42on Shenzhen Stock Exchange of China. The entity has historical hype elasticity of 0.18, and average elasticity to hype of competition of 0.11. Bengang is forecasted to increase in value after the next headline, with the price projected to jump to 3.6 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is forecasted to be 5.26%, whereas the daily expected return is presently at 0.74%. The volatility of related hype on Bengang Steel is about 2688.0%, with the expected price after the next announcement by competition of 3.53. Bengang Steel generates positive cash flow from operations, but has no cash availableAssuming the 90 days trading horizon the next forecasted press release will be very soon. Check out Bengang Steel Basic Forecasting Models to cross-verify your projections.Bengang Steel Related Hype Analysis
Having access to credible news sources related to Bengang Steel's direct competition is more important than ever and may enhance your ability to predict Bengang Steel's future price movements. Getting to know how Bengang Steel's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bengang Steel may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 605168 | Threes Company Media | 1.98 | 2 per month | 3.25 | 0.13 | 9.43 | (5.78) | 19.99 | |
| 605299 | Shuhua Sports Co | 0.00 | 0 per month | 2.15 | 0.08 | 3.48 | (2.57) | 17.57 | |
| 603598 | Inly Media Co | (0.49) | 2 per month | 3.63 | 0.11 | 7.10 | (5.10) | 19.99 | |
| 600386 | Beijing Bashi Media | (0.01) | 6 per month | 2.97 | 0.15 | 5.02 | (5.15) | 17.67 | |
| 600158 | China Sports Industry | 0.11 | 1 per month | 2.12 | 0.08 | 3.92 | (3.57) | 15.65 | |
| 603103 | Hengdian Entertainment Co | 0.07 | 1 per month | 3.51 | 0.06 | 7.94 | (4.50) | 20.03 | |
| 600633 | Zhejiang Daily Media | (0.66) | 1 per month | 2.47 | 0.10 | 5.61 | (4.02) | 14.64 |
Bengang Steel Additional Predictive Modules
Most predictive techniques to examine Bengang price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bengang using various technical indicators. When you analyze Bengang charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Bengang Steel Predictive Indicators
The successful prediction of Bengang Steel stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Bengang Steel Plates, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Bengang Steel based on analysis of Bengang Steel hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Bengang Steel's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Bengang Steel's related companies.
Story Coverage note for Bengang Steel
The number of cover stories for Bengang Steel depends on current market conditions and Bengang Steel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bengang Steel is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bengang Steel's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Bengang Steel Short Properties
Bengang Steel's future price predictability will typically decrease when Bengang Steel's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bengang Steel Plates often depends not only on the future outlook of the potential Bengang Steel'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. Bengang Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.1 B | |
| Dividends Paid | 211.8 M | |
| Shares Float | 961.2 M |
Complementary Tools for Bengang Stock analysis
When running Bengang Steel's price analysis, check to measure Bengang Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bengang Steel is operating at the current time. Most of Bengang Steel's value examination focuses on studying past and present price action to predict the probability of Bengang Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bengang Steel's price. Additionally, you may evaluate how the addition of Bengang Steel to your portfolios can decrease your overall portfolio volatility.
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