Andon Health (China) Probability of Future Stock Price Finishing Over 43.31
| 002432 Stock | 43.26 0.36 0.84% |
Andon |
Andon Health Target Price Odds to finish over 43.31
The tendency of Andon 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 move over 43.31 or more in 90 days |
| 43.26 | 90 days | 43.31 | about 49.8 |
Based on a normal probability distribution, the odds of Andon Health to move over 43.31 or more in 90 days from now is about 49.8 (This Andon Health Co probability density function shows the probability of Andon Stock to fall within a particular range of prices over 90 days) . Probability of Andon Health price to stay between its current price of 43.26 and 43.31 at the end of the 90-day period is about 1.0 .
Assuming the 90 days trading horizon Andon Health Co has a beta of -0.15. This suggests as returns on the benchmark increase, returns on holding Andon Health are expected to decrease at a much lower rate. During a bear market, however, Andon Health Co is likely to outperform the market. Additionally Andon Health Co has an alpha of 0.0844, implying that it can generate a 0.0844 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Andon Health Price Density |
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Predictive Modules for Andon Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Andon Health. 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.Andon Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Andon Health is not an exception. The market had few large corrections towards the Andon Health'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 Andon Health Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Andon Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 1.99 | |
Ir | Information ratio | -0.02 |
Andon Health 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 Andon Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Andon Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 27.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Andon Health Co., Ltd.s Earnings Are Not Doing Enough For Some Investors - Simply Wall St |
Andon Health 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 Andon Stock often depends not only on the future outlook of the current and potential Andon Health'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. Andon Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 488.3 M |
Andon Health Technical Analysis
Andon Health's future price can be derived by breaking down and analyzing its technical indicators over time. Andon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Andon Health Co. In general, you should focus on analyzing Andon Stock price patterns and their correlations with different microeconomic environments and drivers.
Andon Health Predictive Forecast Models
Andon Health's time-series forecasting models is one of many Andon Health'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 Andon Health'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 Andon Health
Checking the ongoing alerts about Andon Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Andon Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 27.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Andon Health Co., Ltd.s Earnings Are Not Doing Enough For Some Investors - Simply Wall St |
Other Information on Investing in Andon Stock
Andon Health financial ratios help investors to determine whether Andon 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 Andon with respect to the benefits of owning Andon Health security.