FSPG Hi (China) Odds of Future Stock Price Finishing Under 6.55
| 000973 Stock | 10.11 0.92 10.01% |
FSPG |
FSPG Hi Target Price Odds to finish below 6.55
The tendency of FSPG 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 drop to 6.55 or more in 90 days |
| 10.11 | 90 days | 6.55 | about 91.74 |
Based on a normal probability distribution, the odds of FSPG Hi to drop to 6.55 or more in 90 days from now is about 91.74 (This FSPG Hi Tech Co probability density function shows the probability of FSPG Stock to fall within a particular range of prices over 90 days) . Probability of FSPG Hi Tech price to stay between 6.55 and its current price of 10.11 at the end of the 90-day period is about 8.23 .
Assuming the 90 days trading horizon FSPG Hi has a beta of 0.22. This suggests as returns on the market go up, FSPG Hi average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FSPG Hi Tech Co will be expected to be much smaller as well. Moreover FSPG Hi Tech Co has an alpha of 1.5659, implying that it can generate a 1.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FSPG Hi Price Density |
| Price |
Predictive Modules for FSPG Hi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FSPG Hi Tech. 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.FSPG Hi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FSPG Hi is not an exception. The market had few large corrections towards the FSPG Hi'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 FSPG Hi Tech Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FSPG Hi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.57 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.36 | |
Ir | Information ratio | 0.39 |
FSPG Hi 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 FSPG Hi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FSPG Hi Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FSPG Hi Tech appears to be risky and price may revert if volatility continues | |
| FSPG is showing solid risk-adjusted performance over 90 days | |
| About 31.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Earnings Troubles May Signal Larger Issues for FSPG Hi-Tech Shareholders - Simply Wall St |
FSPG Hi 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 FSPG Stock often depends not only on the future outlook of the current and potential FSPG Hi'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. FSPG Hi's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 967.4 M | |
| Dividends Paid | 64.2 M | |
| Cash And Short Term Investments | 1 B |
FSPG Hi Technical Analysis
FSPG Hi's future price can be derived by breaking down and analyzing its technical indicators over time. FSPG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FSPG Hi Tech Co. In general, you should focus on analyzing FSPG Stock price patterns and their correlations with different microeconomic environments and drivers.
FSPG Hi Predictive Forecast Models
FSPG Hi's time-series forecasting models is one of many FSPG Hi'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 FSPG Hi'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 FSPG Hi Tech
Checking the ongoing alerts about FSPG Hi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FSPG Hi Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FSPG Hi Tech appears to be risky and price may revert if volatility continues | |
| FSPG is showing solid risk-adjusted performance over 90 days | |
| About 31.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Earnings Troubles May Signal Larger Issues for FSPG Hi-Tech Shareholders - Simply Wall St |
Other Information on Investing in FSPG Stock
FSPG Hi financial ratios help investors to determine whether FSPG 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 FSPG with respect to the benefits of owning FSPG Hi security.