Chengdu Xingrong (China) Probability of Future Stock Price Finishing Under 4.09
| 000598 Stock | 7.05 0.04 0.56% |
Chengdu |
Chengdu Xingrong Target Price Odds to finish below 4.09
The tendency of Chengdu 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 4.09 or more in 90 days |
| 7.05 | 90 days | 4.09 | near 1 |
Based on a normal probability distribution, the odds of Chengdu Xingrong to drop to 4.09 or more in 90 days from now is near 1 (This Chengdu Xingrong Investment probability density function shows the probability of Chengdu Stock to fall within a particular range of prices over 90 days) . Probability of Chengdu Xingrong Inv price to stay between 4.09 and its current price of 7.05 at the end of the 90-day period is about 45.0 .
Assuming the 90 days trading horizon Chengdu Xingrong has a beta of 0.28. This suggests as returns on the market go up, Chengdu Xingrong average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chengdu Xingrong Investment will be expected to be much smaller as well. Additionally Chengdu Xingrong Investment 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. Chengdu Xingrong Price Density |
| Price |
Predictive Modules for Chengdu Xingrong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chengdu Xingrong Inv. 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.Chengdu Xingrong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chengdu Xingrong is not an exception. The market had few large corrections towards the Chengdu Xingrong'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 Chengdu Xingrong Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chengdu Xingrong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | -0.1 |
Chengdu Xingrong 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 Chengdu Xingrong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chengdu Xingrong Inv can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chengdu Xingrong Inv has high likelihood to experience some financial distress in the next 2 years | |
| About 60.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Improved Earnings Required Before Chengdu Xingrong Environment Co., Ltd. Shares Find Their Feet - Simply Wall St |
Chengdu Xingrong 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 Chengdu Stock often depends not only on the future outlook of the current and potential Chengdu Xingrong'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. Chengdu Xingrong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3 B |
Chengdu Xingrong Technical Analysis
Chengdu Xingrong's future price can be derived by breaking down and analyzing its technical indicators over time. Chengdu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chengdu Xingrong Investment. In general, you should focus on analyzing Chengdu Stock price patterns and their correlations with different microeconomic environments and drivers.
Chengdu Xingrong Predictive Forecast Models
Chengdu Xingrong's time-series forecasting models is one of many Chengdu Xingrong'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 Chengdu Xingrong'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 Chengdu Xingrong Inv
Checking the ongoing alerts about Chengdu Xingrong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chengdu Xingrong Inv help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chengdu Xingrong Inv has high likelihood to experience some financial distress in the next 2 years | |
| About 60.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Improved Earnings Required Before Chengdu Xingrong Environment Co., Ltd. Shares Find Their Feet - Simply Wall St |
Other Information on Investing in Chengdu Stock
Chengdu Xingrong financial ratios help investors to determine whether Chengdu 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 Chengdu with respect to the benefits of owning Chengdu Xingrong security.