Hubei Yingtong (China) Probability of Future Stock Price Finishing Over 12.13
| 002861 Stock | 12.34 0.01 0.08% |
Hubei |
Hubei Yingtong Target Price Odds to finish over 12.13
The tendency of Hubei 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 12.13 in 90 days |
| 12.34 | 90 days | 12.13 | about 55.49 |
Based on a normal probability distribution, the odds of Hubei Yingtong to stay above 12.13 in 90 days from now is about 55.49 (This Hubei Yingtong Telecommunication probability density function shows the probability of Hubei Stock to fall within a particular range of prices over 90 days) . Probability of Hubei Yingtong Telec price to stay between 12.13 and its current price of 12.34 at the end of the 90-day period is about 9.6 .
Assuming the 90 days trading horizon Hubei Yingtong Telecommunication has a beta of -0.72. This suggests as returns on the benchmark increase, returns on holding Hubei Yingtong are expected to decrease at a much lower rate. During a bear market, however, Hubei Yingtong Telecommunication is likely to outperform the market. Additionally Hubei Yingtong Telecommunication has an alpha of 0.177, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hubei Yingtong Price Density |
| Price |
Predictive Modules for Hubei Yingtong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hubei Yingtong Telec. 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.Hubei Yingtong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hubei Yingtong is not an exception. The market had few large corrections towards the Hubei Yingtong'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 Hubei Yingtong Telecommunication, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hubei Yingtong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.72 | |
σ | Overall volatility | 0.87 | |
Ir | Information ratio | -0.0052 |
Hubei Yingtong 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 Hubei Yingtong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hubei Yingtong Telec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hubei Yingtong Telec had very high historical volatility over the last 90 days | |
| The company reported the revenue of 754.22 M. Net Loss for the year was (79.03 M) with profit before overhead, payroll, taxes, and interest of 127.77 M. | |
| About 49.0% of the company shares are owned by insiders or employees |
Hubei Yingtong 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 Hubei Stock often depends not only on the future outlook of the current and potential Hubei Yingtong'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. Hubei Yingtong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 155.6 M |
Hubei Yingtong Technical Analysis
Hubei Yingtong's future price can be derived by breaking down and analyzing its technical indicators over time. Hubei Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hubei Yingtong Telecommunication. In general, you should focus on analyzing Hubei Stock price patterns and their correlations with different microeconomic environments and drivers.
Hubei Yingtong Predictive Forecast Models
Hubei Yingtong's time-series forecasting models is one of many Hubei Yingtong'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 Hubei Yingtong'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 Hubei Yingtong Telec
Checking the ongoing alerts about Hubei Yingtong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hubei Yingtong Telec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hubei Yingtong Telec had very high historical volatility over the last 90 days | |
| The company reported the revenue of 754.22 M. Net Loss for the year was (79.03 M) with profit before overhead, payroll, taxes, and interest of 127.77 M. | |
| About 49.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Hubei Stock
Hubei Yingtong financial ratios help investors to determine whether Hubei 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 Hubei with respect to the benefits of owning Hubei Yingtong security.