ZTE Corp (China) Odds of Future Stock Price Finishing Under 22.08
| 000063 Stock | 31.16 0.42 1.37% |
ZTE |
ZTE Corp Target Price Odds to finish below 22.08
The tendency of ZTE 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 22.08 or more in 90 days |
| 31.16 | 90 days | 22.08 | under 4 |
Based on a normal probability distribution, the odds of ZTE Corp to drop to 22.08 or more in 90 days from now is under 4 (This ZTE Corp probability density function shows the probability of ZTE Stock to fall within a particular range of prices over 90 days) . Probability of ZTE Corp price to stay between 22.08 and its current price of 31.16 at the end of the 90-day period is about 70.94 .
Assuming the 90 days trading horizon ZTE Corp has a beta of 0.0421. This suggests as returns on the market go up, ZTE Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ZTE Corp will be expected to be much smaller as well. Additionally ZTE Corp has an alpha of 0.3139, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ZTE Corp Price Density |
| Price |
Predictive Modules for ZTE Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZTE Corp. 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.ZTE Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZTE Corp is not an exception. The market had few large corrections towards the ZTE Corp'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 ZTE Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZTE Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 3.72 | |
Ir | Information ratio | 0.06 |
ZTE Corp 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 ZTE Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZTE Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZTE Corp had very high historical volatility over the last 90 days | |
| ZTE Corp is unlikely to experience financial distress in the next 2 years | |
| About 26.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: ZTE Corporation Reports Mixed Q3 2024 Earnings - TipRanks |
ZTE Corp 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 ZTE Stock often depends not only on the future outlook of the current and potential ZTE Corp'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. ZTE Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.8 B | |
| Cash And Short Term Investments | 78.7 B |
ZTE Corp Technical Analysis
ZTE Corp's future price can be derived by breaking down and analyzing its technical indicators over time. ZTE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZTE Corp. In general, you should focus on analyzing ZTE Stock price patterns and their correlations with different microeconomic environments and drivers.
ZTE Corp Predictive Forecast Models
ZTE Corp's time-series forecasting models is one of many ZTE Corp'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 ZTE Corp'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 ZTE Corp
Checking the ongoing alerts about ZTE Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZTE Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZTE Corp had very high historical volatility over the last 90 days | |
| ZTE Corp is unlikely to experience financial distress in the next 2 years | |
| About 26.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: ZTE Corporation Reports Mixed Q3 2024 Earnings - TipRanks |
Other Information on Investing in ZTE Stock
ZTE Corp financial ratios help investors to determine whether ZTE 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 ZTE with respect to the benefits of owning ZTE Corp security.