Glodon Software (China) Probability of Future Stock Price Finishing Under 10.77
| 002410 Stock | 12.70 0.88 6.48% |
Glodon |
Glodon Software Target Price Odds to finish below 10.77
The tendency of Glodon 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 10.77 or more in 90 days |
| 12.70 | 90 days | 10.77 | about 28.7 |
Based on a normal probability distribution, the odds of Glodon Software to drop to 10.77 or more in 90 days from now is about 28.7 (This Glodon Software Co probability density function shows the probability of Glodon Stock to fall within a particular range of prices over 90 days) . Probability of Glodon Software price to stay between 10.77 and its current price of 12.7 at the end of the 90-day period is about 31.66 .
Assuming the 90 days trading horizon Glodon Software has a beta of 0.16. This suggests as returns on the market go up, Glodon Software average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Glodon Software Co will be expected to be much smaller as well. Additionally Glodon Software Co has an alpha of 0.4863, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Glodon Software Price Density |
| Price |
Predictive Modules for Glodon Software
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Glodon Software. 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.Glodon Software Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Glodon Software is not an exception. The market had few large corrections towards the Glodon Software'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 Glodon Software Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Glodon Software within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 2.34 | |
Ir | Information ratio | 0.09 |
Glodon Software 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 Glodon Software for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Glodon Software can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Glodon Software appears to be risky and price may revert if volatility continues | |
| Glodon Software is unlikely to experience financial distress in the next 2 years | |
| About 32.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: There May Be Reason For Hope In Glodons Disappointing Earnings - Simply Wall St |
Glodon Software 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 Glodon Stock often depends not only on the future outlook of the current and potential Glodon Software'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. Glodon Software's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.7 B | |
| Cash And Short Term Investments | 3.8 B |
Glodon Software Technical Analysis
Glodon Software's future price can be derived by breaking down and analyzing its technical indicators over time. Glodon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Glodon Software Co. In general, you should focus on analyzing Glodon Stock price patterns and their correlations with different microeconomic environments and drivers.
Glodon Software Predictive Forecast Models
Glodon Software's time-series forecasting models is one of many Glodon Software'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 Glodon Software'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 Glodon Software
Checking the ongoing alerts about Glodon Software for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Glodon Software help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Glodon Software appears to be risky and price may revert if volatility continues | |
| Glodon Software is unlikely to experience financial distress in the next 2 years | |
| About 32.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: There May Be Reason For Hope In Glodons Disappointing Earnings - Simply Wall St |
Other Information on Investing in Glodon Stock
Glodon Software financial ratios help investors to determine whether Glodon 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 Glodon with respect to the benefits of owning Glodon Software security.