Guangdong HongDa (China) Probability of Future Stock Price Finishing Over 32.77
| 002683 Stock | 27.56 0.22 0.79% |
Guangdong |
Guangdong HongDa Target Price Odds to finish over 32.77
The tendency of Guangdong 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 32.77 or more in 90 days |
| 27.56 | 90 days | 32.77 | near 1 |
Based on a normal probability distribution, the odds of Guangdong HongDa to move over 32.77 or more in 90 days from now is near 1 (This Guangdong HongDa Blasting probability density function shows the probability of Guangdong Stock to fall within a particular range of prices over 90 days) . Probability of Guangdong HongDa Blasting price to stay between its current price of 27.56 and 32.77 at the end of the 90-day period is about 14.54 .
Assuming the 90 days trading horizon Guangdong HongDa has a beta of 0.53. This suggests as returns on the market go up, Guangdong HongDa average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Guangdong HongDa Blasting will be expected to be much smaller as well. Additionally Guangdong HongDa Blasting has an alpha of 0.6048, implying that it can generate a 0.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Guangdong HongDa Price Density |
| Price |
Predictive Modules for Guangdong HongDa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guangdong HongDa Blasting. 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.Guangdong HongDa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guangdong HongDa is not an exception. The market had few large corrections towards the Guangdong HongDa'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 Guangdong HongDa Blasting, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guangdong HongDa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 3.77 | |
Ir | Information ratio | 0.20 |
Guangdong HongDa 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 Guangdong HongDa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guangdong HongDa Blasting can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guangdong HongDa is unlikely to experience financial distress in the next 2 years | |
| About 44.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Egypt could arm Rafale jets with Chinese long-range HD-1A missiles - Bulgarian Military |
Guangdong HongDa 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 Guangdong Stock often depends not only on the future outlook of the current and potential Guangdong HongDa'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. Guangdong HongDa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 759.7 M | |
| Dividends Paid | 346.1 M |
Guangdong HongDa Technical Analysis
Guangdong HongDa's future price can be derived by breaking down and analyzing its technical indicators over time. Guangdong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guangdong HongDa Blasting. In general, you should focus on analyzing Guangdong Stock price patterns and their correlations with different microeconomic environments and drivers.
Guangdong HongDa Predictive Forecast Models
Guangdong HongDa's time-series forecasting models is one of many Guangdong HongDa'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 Guangdong HongDa'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 Guangdong HongDa Blasting
Checking the ongoing alerts about Guangdong HongDa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guangdong HongDa Blasting help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guangdong HongDa is unlikely to experience financial distress in the next 2 years | |
| About 44.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Egypt could arm Rafale jets with Chinese long-range HD-1A missiles - Bulgarian Military |
Other Information on Investing in Guangdong Stock
Guangdong HongDa financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong HongDa security.