Qingdao Foods (China) Probability of Future Stock Price Finishing Under 11.09
| 001219 Stock | 15.17 0.77 5.35% |
Qingdao |
Qingdao Foods Target Price Odds to finish below 11.09
The tendency of Qingdao 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 11.09 or more in 90 days |
| 15.17 | 90 days | 11.09 | about 12.06 |
Based on a normal probability distribution, the odds of Qingdao Foods to drop to 11.09 or more in 90 days from now is about 12.06 (This Qingdao Foods Co probability density function shows the probability of Qingdao Stock to fall within a particular range of prices over 90 days) . Probability of Qingdao Foods price to stay between 11.09 and its current price of 15.17 at the end of the 90-day period is about 82.26 .
Assuming the 90 days trading horizon Qingdao Foods Co has a beta of -0.25. This suggests as returns on the benchmark increase, returns on holding Qingdao Foods are expected to decrease at a much lower rate. During a bear market, however, Qingdao Foods Co is likely to outperform the market. Additionally Qingdao Foods Co has an alpha of 0.4577, implying that it can generate a 0.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Qingdao Foods Price Density |
| Price |
Predictive Modules for Qingdao Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qingdao Foods. 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.Qingdao Foods Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Qingdao Foods is not an exception. The market had few large corrections towards the Qingdao Foods' 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 Qingdao Foods Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Qingdao Foods within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 1.48 | |
Ir | Information ratio | 0.10 |
Qingdao Foods 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 Qingdao Foods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Qingdao Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Qingdao Foods appears to be risky and price may revert if volatility continues | |
| Qingdao Foods is unlikely to experience financial distress in the next 2 years | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Risks Still Elevated At These Prices As Qingdao Kingking Applied Chemistry Co., Ltd. Shares Dive 30 percent - Simply Wall St |
Qingdao Foods 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 Qingdao Stock often depends not only on the future outlook of the current and potential Qingdao Foods' 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. Qingdao Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 195 M |
Qingdao Foods Technical Analysis
Qingdao Foods' future price can be derived by breaking down and analyzing its technical indicators over time. Qingdao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Qingdao Foods Co. In general, you should focus on analyzing Qingdao Stock price patterns and their correlations with different microeconomic environments and drivers.
Qingdao Foods Predictive Forecast Models
Qingdao Foods' time-series forecasting models is one of many Qingdao Foods' 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 Qingdao Foods' 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 Qingdao Foods
Checking the ongoing alerts about Qingdao Foods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Qingdao Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Qingdao Foods appears to be risky and price may revert if volatility continues | |
| Qingdao Foods is unlikely to experience financial distress in the next 2 years | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Risks Still Elevated At These Prices As Qingdao Kingking Applied Chemistry Co., Ltd. Shares Dive 30 percent - Simply Wall St |
Other Information on Investing in Qingdao Stock
Qingdao Foods financial ratios help investors to determine whether Qingdao 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 Qingdao with respect to the benefits of owning Qingdao Foods security.