Holitech Technology (China) Probability of Future Stock Price Finishing Over 2.25
| 002217 Stock | 2.57 0.13 4.81% |
Holitech |
Holitech Technology Target Price Odds to finish over 2.25
The tendency of Holitech 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 stay above 2.25 in 90 days |
| 2.57 | 90 days | 2.25 | about 9.58 |
Based on a normal probability distribution, the odds of Holitech Technology to stay above 2.25 in 90 days from now is about 9.58 (This Holitech Technology Co probability density function shows the probability of Holitech Stock to fall within a particular range of prices over 90 days) . Probability of Holitech Technology price to stay between 2.25 and its current price of 2.57 at the end of the 90-day period is about 7.07 .
Assuming the 90 days trading horizon Holitech Technology has a beta of 0.0143. This suggests as returns on the market go up, Holitech Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Holitech Technology Co will be expected to be much smaller as well. Moreover Holitech Technology Co has an alpha of 1.1379, implying that it can generate a 1.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Holitech Technology Price Density |
| Price |
Predictive Modules for Holitech Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Holitech Technology. 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.Holitech Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Holitech Technology is not an exception. The market had few large corrections towards the Holitech Technology'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 Holitech Technology Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Holitech Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.14 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | 0.31 |
Holitech Technology 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 Holitech Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Holitech Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Holitech Technology appears to be risky and price may revert if volatility continues | |
| Holitech Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 4.63 B. Net Loss for the year was (11.99 B) with loss before overhead, payroll, taxes, and interest of (835.33 M). | |
| About 37.0% of the company shares are owned by insiders or employees |
Holitech Technology 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 Holitech Stock often depends not only on the future outlook of the current and potential Holitech Technology'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. Holitech Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.1 B | |
| Cash And Short Term Investments | 706.5 M |
Holitech Technology Technical Analysis
Holitech Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Holitech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Holitech Technology Co. In general, you should focus on analyzing Holitech Stock price patterns and their correlations with different microeconomic environments and drivers.
Holitech Technology Predictive Forecast Models
Holitech Technology's time-series forecasting models is one of many Holitech Technology'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 Holitech Technology'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 Holitech Technology
Checking the ongoing alerts about Holitech Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Holitech Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Holitech Technology appears to be risky and price may revert if volatility continues | |
| Holitech Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 4.63 B. Net Loss for the year was (11.99 B) with loss before overhead, payroll, taxes, and interest of (835.33 M). | |
| About 37.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Holitech Stock
Holitech Technology financial ratios help investors to determine whether Holitech 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 Holitech with respect to the benefits of owning Holitech Technology security.