Zhejiang Construction (China) Probability of Future Stock Price Finishing Over 19.88
| 002761 Stock | 10.16 0.56 5.22% |
Zhejiang |
Zhejiang Construction Target Price Odds to finish over 19.88
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 move over 19.88 or more in 90 days |
| 10.16 | 90 days | 19.88 | near 1 |
Based on a normal probability distribution, the odds of Zhejiang Construction to move over 19.88 or more in 90 days from now is near 1 (This Zhejiang Construction Investment probability density function shows the probability of Zhejiang Stock to fall within a particular range of prices over 90 days) . Probability of Zhejiang Construction price to stay between its current price of 10.16 and 19.88 at the end of the 90-day period is about 8.89 .
Assuming the 90 days trading horizon Zhejiang Construction has a beta of 0.82. This suggests as returns on the market go up, Zhejiang Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zhejiang Construction Investment will be expected to be much smaller as well. Additionally Zhejiang Construction Investment has an alpha of 0.4173, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhejiang Construction Price Density |
| Price |
Predictive Modules for Zhejiang Construction
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 Construction. 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 Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhejiang Construction is not an exception. The market had few large corrections towards the Zhejiang Construction'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 Construction Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhejiang Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 1.18 | |
Ir | Information ratio | 0.11 |
Zhejiang Construction 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 Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhejiang Construction 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 Construction appears to be risky and price may revert if volatility continues | |
| Zhejiang Construction has high likelihood to experience some financial distress in the next 2 years | |
| About 51.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Exclusive China advisers call for steady 5 percent 2025 economic growth goal, stronger stimulus - Reuters |
Zhejiang Construction 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 Construction'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 Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
Zhejiang Construction Technical Analysis
Zhejiang Construction'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 Construction Investment. In general, you should focus on analyzing Zhejiang Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhejiang Construction Predictive Forecast Models
Zhejiang Construction's time-series forecasting models is one of many Zhejiang Construction'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 Construction'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 Construction
Checking the ongoing alerts about Zhejiang Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhejiang Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhejiang Construction appears to be risky and price may revert if volatility continues | |
| Zhejiang Construction has high likelihood to experience some financial distress in the next 2 years | |
| About 51.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Exclusive China advisers call for steady 5 percent 2025 economic growth goal, stronger stimulus - Reuters |
Other Information on Investing in Zhejiang Stock
Zhejiang Construction 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 Construction security.