Guocheng Mining (China) Probability of Future Stock Price Finishing Over 17.66
| 000688 Stock | 13.95 0.32 2.35% |
Guocheng |
Guocheng Mining Target Price Odds to finish over 17.66
The tendency of Guocheng 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 17.66 or more in 90 days |
| 13.95 | 90 days | 17.66 | near 1 |
Based on a normal probability distribution, the odds of Guocheng Mining to move over 17.66 or more in 90 days from now is near 1 (This Guocheng Mining Co probability density function shows the probability of Guocheng Stock to fall within a particular range of prices over 90 days) . Probability of Guocheng Mining price to stay between its current price of 13.95 and 17.66 at the end of the 90-day period is nearly 4.4 .
Assuming the 90 days trading horizon Guocheng Mining Co has a beta of -0.55. This suggests as returns on the benchmark increase, returns on holding Guocheng Mining are expected to decrease at a much lower rate. During a bear market, however, Guocheng Mining Co is likely to outperform the market. Additionally Guocheng Mining Co has an alpha of 0.6694, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Guocheng Mining Price Density |
| Price |
Predictive Modules for Guocheng Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guocheng Mining. 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.Guocheng Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guocheng Mining is not an exception. The market had few large corrections towards the Guocheng Mining'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 Guocheng Mining Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guocheng Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 1.70 | |
Ir | Information ratio | 0.14 |
Guocheng Mining 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 Guocheng Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guocheng Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guocheng Mining appears to be risky and price may revert if volatility continues | |
| About 76.0% of the company shares are owned by insiders or employees |
Guocheng Mining 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 Guocheng Stock often depends not only on the future outlook of the current and potential Guocheng Mining'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. Guocheng Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Dividends Paid | 128.3 M | |
| Forward Annual Dividend Rate | 0.02 | |
| Shares Float | 289.2 M |
Guocheng Mining Technical Analysis
Guocheng Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Guocheng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guocheng Mining Co. In general, you should focus on analyzing Guocheng Stock price patterns and their correlations with different microeconomic environments and drivers.
Guocheng Mining Predictive Forecast Models
Guocheng Mining's time-series forecasting models is one of many Guocheng Mining'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 Guocheng Mining'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 Guocheng Mining
Checking the ongoing alerts about Guocheng Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guocheng Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guocheng Mining appears to be risky and price may revert if volatility continues | |
| About 76.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Guocheng Stock
Guocheng Mining financial ratios help investors to determine whether Guocheng 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 Guocheng with respect to the benefits of owning Guocheng Mining security.