JS Corrugating (China) Probability of Future Stock Price Finishing Over 14.53
| 000821 Stock | 13.83 0.08 0.58% |
000821 |
JS Corrugating Target Price Odds to finish over 14.53
The tendency of 000821 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 14.53 or more in 90 days |
| 13.83 | 90 days | 14.53 | about 16.24 |
Based on a normal probability distribution, the odds of JS Corrugating to move over 14.53 or more in 90 days from now is about 16.24 (This JS Corrugating Machinery probability density function shows the probability of 000821 Stock to fall within a particular range of prices over 90 days) . Probability of JS Corrugating Machinery price to stay between its current price of 13.83 and 14.53 at the end of the 90-day period is about 10.34 .
Assuming the 90 days trading horizon JS Corrugating Machinery has a beta of -0.38. This suggests as returns on the benchmark increase, returns on holding JS Corrugating are expected to decrease at a much lower rate. During a bear market, however, JS Corrugating Machinery is likely to outperform the market. Additionally JS Corrugating Machinery has an alpha of 0.5886, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). JS Corrugating Price Density |
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Predictive Modules for JS Corrugating
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JS Corrugating Machinery. 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.JS Corrugating Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JS Corrugating is not an exception. The market had few large corrections towards the JS Corrugating'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 JS Corrugating Machinery, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JS Corrugating within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | 0.10 |
JS Corrugating 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 JS Corrugating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JS Corrugating Machinery can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JS Corrugating appears to be risky and price may revert if volatility continues | |
| JS Corrugating is unlikely to experience financial distress in the next 2 years | |
| About 31.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: J.S. Corrugating Machinerys five-year total shareholder returns outpace the underlying earnings growth - Simply Wall St |
JS Corrugating 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 000821 Stock often depends not only on the future outlook of the current and potential JS Corrugating'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. JS Corrugating's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 622.9 M | |
| Dividends Paid | 26.4 M | |
| Forward Annual Dividend Rate | 0.09 | |
| Shares Float | 425.2 M |
JS Corrugating Technical Analysis
JS Corrugating's future price can be derived by breaking down and analyzing its technical indicators over time. 000821 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JS Corrugating Machinery. In general, you should focus on analyzing 000821 Stock price patterns and their correlations with different microeconomic environments and drivers.
JS Corrugating Predictive Forecast Models
JS Corrugating's time-series forecasting models is one of many JS Corrugating'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 JS Corrugating'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 JS Corrugating Machinery
Checking the ongoing alerts about JS Corrugating for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JS Corrugating Machinery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JS Corrugating appears to be risky and price may revert if volatility continues | |
| JS Corrugating is unlikely to experience financial distress in the next 2 years | |
| About 31.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: J.S. Corrugating Machinerys five-year total shareholder returns outpace the underlying earnings growth - Simply Wall St |
Other Information on Investing in 000821 Stock
JS Corrugating financial ratios help investors to determine whether 000821 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 000821 with respect to the benefits of owning JS Corrugating security.