Yantai Changyu (China) Probability of Future Stock Price Finishing Over 30.66
| 000869 Stock | 23.69 0.06 0.25% |
Yantai |
Yantai Changyu Target Price Odds to finish over 30.66
The tendency of Yantai 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 30.66 or more in 90 days |
| 23.69 | 90 days | 30.66 | near 1 |
Based on a normal probability distribution, the odds of Yantai Changyu to move over 30.66 or more in 90 days from now is near 1 (This Yantai Changyu Pioneer probability density function shows the probability of Yantai Stock to fall within a particular range of prices over 90 days) . Probability of Yantai Changyu Pioneer price to stay between its current price of 23.69 and 30.66 at the end of the 90-day period is about 27.01 .
Assuming the 90 days trading horizon Yantai Changyu has a beta of 0.42. This suggests as returns on the market go up, Yantai Changyu average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Yantai Changyu Pioneer will be expected to be much smaller as well. Additionally Yantai Changyu Pioneer has an alpha of 0.2068, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yantai Changyu Price Density |
| Price |
Predictive Modules for Yantai Changyu
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yantai Changyu Pioneer. 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.Yantai Changyu Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yantai Changyu is not an exception. The market had few large corrections towards the Yantai Changyu'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 Yantai Changyu Pioneer, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yantai Changyu within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 1.78 | |
Ir | Information ratio | 0.06 |
Yantai Changyu 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 Yantai Changyu for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yantai Changyu Pioneer can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yantai Changyu is unlikely to experience financial distress in the next 2 years | |
| About 76.0% of the company shares are owned by insiders or employees |
Yantai Changyu 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 Yantai Stock often depends not only on the future outlook of the current and potential Yantai Changyu'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. Yantai Changyu's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 692.2 M |
Yantai Changyu Technical Analysis
Yantai Changyu's future price can be derived by breaking down and analyzing its technical indicators over time. Yantai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yantai Changyu Pioneer. In general, you should focus on analyzing Yantai Stock price patterns and their correlations with different microeconomic environments and drivers.
Yantai Changyu Predictive Forecast Models
Yantai Changyu's time-series forecasting models is one of many Yantai Changyu'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 Yantai Changyu'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 Yantai Changyu Pioneer
Checking the ongoing alerts about Yantai Changyu for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yantai Changyu Pioneer help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yantai Changyu is unlikely to experience financial distress in the next 2 years | |
| About 76.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Yantai Stock
Yantai Changyu financial ratios help investors to determine whether Yantai 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 Yantai with respect to the benefits of owning Yantai Changyu security.