Zhejiang Transfar (China) Probability of Future Stock Price Finishing Under 1.67
| 002010 Stock | 5.24 0.04 0.77% |
Zhejiang |
Zhejiang Transfar Target Price Odds to finish below 1.67
The tendency of Zhejiang 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 1.67 or more in 90 days |
| 5.24 | 90 days | 1.67 | near 1 |
Based on a normal probability distribution, the odds of Zhejiang Transfar to drop to 1.67 or more in 90 days from now is near 1 (This Zhejiang Transfar Co probability density function shows the probability of Zhejiang Stock to fall within a particular range of prices over 90 days) . Probability of Zhejiang Transfar price to stay between 1.67 and its current price of 5.24 at the end of the 90-day period is about 91.04 .
Assuming the 90 days trading horizon Zhejiang Transfar has a beta of 0.21. This suggests as returns on the market go up, Zhejiang Transfar average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zhejiang Transfar Co will be expected to be much smaller as well. Additionally Zhejiang Transfar Co has an alpha of 0.5667, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhejiang Transfar Price Density |
| Price |
Predictive Modules for Zhejiang Transfar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhejiang Transfar. 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.Zhejiang Transfar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhejiang Transfar is not an exception. The market had few large corrections towards the Zhejiang Transfar'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 Zhejiang Transfar Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhejiang Transfar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | 0.14 |
Zhejiang Transfar 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 Zhejiang Transfar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhejiang Transfar can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhejiang Transfar appears to be risky and price may revert if volatility continues | |
| About 62.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Zhejiang Transfar Whyyon Chemical Co. Ltd acquired Zhejiang Transfar Jiayi New Materials Co., Ltd. from Transfar Zhilian Co., Ltd. for approximately CNY 190 million. - Marketscreener.com |
Zhejiang Transfar 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 Zhejiang Stock often depends not only on the future outlook of the current and potential Zhejiang Transfar'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. Zhejiang Transfar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.8 B | |
| Dividends Paid | 828.7 M | |
| Forward Annual Dividend Rate | 0.1 |
Zhejiang Transfar Technical Analysis
Zhejiang Transfar's future price can be derived by breaking down and analyzing its technical indicators over time. Zhejiang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhejiang Transfar Co. In general, you should focus on analyzing Zhejiang Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhejiang Transfar Predictive Forecast Models
Zhejiang Transfar's time-series forecasting models is one of many Zhejiang Transfar'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 Zhejiang Transfar'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 Zhejiang Transfar
Checking the ongoing alerts about Zhejiang Transfar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhejiang Transfar help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhejiang Transfar appears to be risky and price may revert if volatility continues | |
| About 62.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Zhejiang Transfar Whyyon Chemical Co. Ltd acquired Zhejiang Transfar Jiayi New Materials Co., Ltd. from Transfar Zhilian Co., Ltd. for approximately CNY 190 million. - Marketscreener.com |
Other Information on Investing in Zhejiang Stock
Zhejiang Transfar financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Transfar security.