Ningxia Younglight (China) Probability of Future Stock Price Finishing Over 11.95
| 000635 Stock | 8.32 0.22 2.58% |
Ningxia |
Ningxia Younglight Target Price Odds to finish over 11.95
The tendency of Ningxia 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 move over 11.95 or more in 90 days |
| 8.32 | 90 days | 11.95 | near 1 |
Based on a normal probability distribution, the odds of Ningxia Younglight to move over 11.95 or more in 90 days from now is near 1 (This Ningxia Younglight Chemicals probability density function shows the probability of Ningxia Stock to fall within a particular range of prices over 90 days) . Probability of Ningxia Younglight price to stay between its current price of 8.32 and 11.95 at the end of the 90-day period is about 20.09 .
Assuming the 90 days trading horizon Ningxia Younglight Chemicals has a beta of -0.89. This suggests Additionally Ningxia Younglight Chemicals has an alpha of 0.641, implying that it can generate a 0.64 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ningxia Younglight Price Density |
| Price |
Predictive Modules for Ningxia Younglight
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ningxia Younglight. 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.Ningxia Younglight Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ningxia Younglight is not an exception. The market had few large corrections towards the Ningxia Younglight'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 Ningxia Younglight Chemicals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ningxia Younglight within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.64 | |
β | Beta against Dow Jones | -0.89 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | 0.12 |
Ningxia Younglight 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 Ningxia Younglight for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ningxia Younglight can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ningxia Younglight appears to be risky and price may revert if volatility continues | |
| Ningxia Younglight has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.75 B. Net Loss for the year was (667.77 M) with loss before overhead, payroll, taxes, and interest of (139.89 M). | |
| Ningxia Younglight generates negative cash flow from operations | |
| About 54.0% of the company shares are owned by insiders or employees |
Ningxia Younglight 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 Ningxia Stock often depends not only on the future outlook of the current and potential Ningxia Younglight'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. Ningxia Younglight's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 303.9 M | |
| Dividends Paid | 388.8 K | |
| Shares Float | 145.5 M |
Ningxia Younglight Technical Analysis
Ningxia Younglight's future price can be derived by breaking down and analyzing its technical indicators over time. Ningxia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ningxia Younglight Chemicals. In general, you should focus on analyzing Ningxia Stock price patterns and their correlations with different microeconomic environments and drivers.
Ningxia Younglight Predictive Forecast Models
Ningxia Younglight's time-series forecasting models is one of many Ningxia Younglight'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 Ningxia Younglight'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 Ningxia Younglight
Checking the ongoing alerts about Ningxia Younglight for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ningxia Younglight help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ningxia Younglight appears to be risky and price may revert if volatility continues | |
| Ningxia Younglight has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.75 B. Net Loss for the year was (667.77 M) with loss before overhead, payroll, taxes, and interest of (139.89 M). | |
| Ningxia Younglight generates negative cash flow from operations | |
| About 54.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Ningxia Stock
Ningxia Younglight financial ratios help investors to determine whether Ningxia 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 Ningxia with respect to the benefits of owning Ningxia Younglight security.