Anhui Guofeng (China) Probability of Future Stock Price Finishing Over 4.69
| 000859 Stock | 5.06 0.04 0.80% |
Anhui |
Anhui Guofeng Target Price Odds to finish over 4.69
The tendency of Anhui 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 stay above 4.69 in 90 days |
| 5.06 | 90 days | 4.69 | more than 94.0 |
Based on a normal probability distribution, the odds of Anhui Guofeng to stay above 4.69 in 90 days from now is more than 94.0 (This Anhui Guofeng Plastic probability density function shows the probability of Anhui Stock to fall within a particular range of prices over 90 days) . Probability of Anhui Guofeng Plastic price to stay between 4.69 and its current price of 5.06 at the end of the 90-day period is about 12.85 .
Assuming the 90 days trading horizon Anhui Guofeng has a beta of 0.56. This suggests as returns on the market go up, Anhui Guofeng average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Anhui Guofeng Plastic will be expected to be much smaller as well. Additionally Anhui Guofeng Plastic 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. Anhui Guofeng Price Density |
| Price |
Predictive Modules for Anhui Guofeng
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anhui Guofeng Plastic. 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.Anhui Guofeng Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Anhui Guofeng is not an exception. The market had few large corrections towards the Anhui Guofeng'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 Anhui Guofeng Plastic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Anhui Guofeng within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | -0.03 |
Anhui Guofeng 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 Anhui Guofeng for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Anhui Guofeng Plastic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Anhui Guofeng had very high historical volatility over the last 90 days | |
| The company reported the revenue of 2.24 B. Net Loss for the year was (28.63 M) with profit before overhead, payroll, taxes, and interest of 105.81 M. | |
| About 37.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Anhui Guofeng New Materials Co., Ltd. announced a financing transaction - Marketscreener.com |
Anhui Guofeng 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 Anhui Stock often depends not only on the future outlook of the current and potential Anhui Guofeng'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. Anhui Guofeng's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 896 M | |
| Dividends Paid | 22.2 M | |
| Shares Float | 625.5 M |
Anhui Guofeng Technical Analysis
Anhui Guofeng's future price can be derived by breaking down and analyzing its technical indicators over time. Anhui Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Anhui Guofeng Plastic. In general, you should focus on analyzing Anhui Stock price patterns and their correlations with different microeconomic environments and drivers.
Anhui Guofeng Predictive Forecast Models
Anhui Guofeng's time-series forecasting models is one of many Anhui Guofeng'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 Anhui Guofeng'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 Anhui Guofeng Plastic
Checking the ongoing alerts about Anhui Guofeng for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Anhui Guofeng Plastic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Anhui Guofeng had very high historical volatility over the last 90 days | |
| The company reported the revenue of 2.24 B. Net Loss for the year was (28.63 M) with profit before overhead, payroll, taxes, and interest of 105.81 M. | |
| About 37.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Anhui Guofeng New Materials Co., Ltd. announced a financing transaction - Marketscreener.com |
Other Information on Investing in Anhui Stock
Anhui Guofeng financial ratios help investors to determine whether Anhui 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 Anhui with respect to the benefits of owning Anhui Guofeng security.