Wenzhou Yuanfei (China) Probability of Future Stock Price Finishing Under 16.06
| 001222 Stock | 17.04 0.84 5.19% |
Wenzhou |
Wenzhou Yuanfei Target Price Odds to finish below 16.06
The tendency of Wenzhou 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 16.06 or more in 90 days |
| 17.04 | 90 days | 16.06 | over 95.05 |
Based on a normal probability distribution, the odds of Wenzhou Yuanfei to drop to 16.06 or more in 90 days from now is over 95.05 (This Wenzhou Yuanfei Pet probability density function shows the probability of Wenzhou Stock to fall within a particular range of prices over 90 days) . Probability of Wenzhou Yuanfei Pet price to stay between 16.06 and its current price of 17.04 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Wenzhou Yuanfei has a beta of 0.0525. This suggests as returns on the market go up, Wenzhou Yuanfei average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wenzhou Yuanfei Pet will be expected to be much smaller as well. Additionally Wenzhou Yuanfei Pet has an alpha of 0.6983, implying that it can generate a 0.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wenzhou Yuanfei Price Density |
| Price |
Predictive Modules for Wenzhou Yuanfei
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wenzhou Yuanfei Pet. 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.Wenzhou Yuanfei Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wenzhou Yuanfei is not an exception. The market had few large corrections towards the Wenzhou Yuanfei'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 Wenzhou Yuanfei Pet, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wenzhou Yuanfei within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.70 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | 0.16 |
Wenzhou Yuanfei 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 Wenzhou Yuanfei for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wenzhou Yuanfei Pet can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wenzhou Yuanfei Pet appears to be risky and price may revert if volatility continues | |
| Wenzhou Yuanfei Pet is unlikely to experience financial distress in the next 2 years | |
| About 77.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: When Should You Buy Wenzhou Yuanfei pet toy products Co., Ltd. - Simply Wall St |
Wenzhou Yuanfei 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 Wenzhou Stock often depends not only on the future outlook of the current and potential Wenzhou Yuanfei'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. Wenzhou Yuanfei's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 190.9 M |
Wenzhou Yuanfei Technical Analysis
Wenzhou Yuanfei's future price can be derived by breaking down and analyzing its technical indicators over time. Wenzhou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wenzhou Yuanfei Pet. In general, you should focus on analyzing Wenzhou Stock price patterns and their correlations with different microeconomic environments and drivers.
Wenzhou Yuanfei Predictive Forecast Models
Wenzhou Yuanfei's time-series forecasting models is one of many Wenzhou Yuanfei'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 Wenzhou Yuanfei'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 Wenzhou Yuanfei Pet
Checking the ongoing alerts about Wenzhou Yuanfei for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wenzhou Yuanfei Pet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wenzhou Yuanfei Pet appears to be risky and price may revert if volatility continues | |
| Wenzhou Yuanfei Pet is unlikely to experience financial distress in the next 2 years | |
| About 77.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: When Should You Buy Wenzhou Yuanfei pet toy products Co., Ltd. - Simply Wall St |
Other Information on Investing in Wenzhou Stock
Wenzhou Yuanfei financial ratios help investors to determine whether Wenzhou 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 Wenzhou with respect to the benefits of owning Wenzhou Yuanfei security.