Yes Optoelectronics (China) Probability of Future Stock Price Finishing Under 22.61
| 002952 Stock | 25.91 0.33 1.26% |
Yes |
Yes Optoelectronics Target Price Odds to finish below 22.61
The tendency of Yes 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 22.61 or more in 90 days |
| 25.91 | 90 days | 22.61 | about 8.7 |
Based on a normal probability distribution, the odds of Yes Optoelectronics to drop to 22.61 or more in 90 days from now is about 8.7 (This Yes Optoelectronics Co probability density function shows the probability of Yes Stock to fall within a particular range of prices over 90 days) . Probability of Yes Optoelectronics price to stay between 22.61 and its current price of 25.91 at the end of the 90-day period is about 46.43 .
Assuming the 90 days trading horizon Yes Optoelectronics Co has a beta of -0.5. This suggests as returns on the benchmark increase, returns on holding Yes Optoelectronics are expected to decrease at a much lower rate. During a bear market, however, Yes Optoelectronics Co is likely to outperform the market. Additionally Yes Optoelectronics Co has an alpha of 0.4916, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yes Optoelectronics Price Density |
| Price |
Predictive Modules for Yes Optoelectronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yes Optoelectronics. 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.Yes Optoelectronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yes Optoelectronics is not an exception. The market had few large corrections towards the Yes Optoelectronics' 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 Yes Optoelectronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yes Optoelectronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 2.22 | |
Ir | Information ratio | 0.10 |
Yes Optoelectronics 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 Yes Optoelectronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yes Optoelectronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yes Optoelectronics had very high historical volatility over the last 90 days | |
| Yes Optoelectronics is unlikely to experience financial distress in the next 2 years | |
| About 70.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shanghai Stock Exchange reports 184 percent rise in mid-year dividend payouts by listed companies so far in 2024 - Global Times |
Yes Optoelectronics 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 Yes Stock often depends not only on the future outlook of the current and potential Yes Optoelectronics' 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. Yes Optoelectronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 164.3 M | |
| Cash And Short Term Investments | 96.4 M |
Yes Optoelectronics Technical Analysis
Yes Optoelectronics' future price can be derived by breaking down and analyzing its technical indicators over time. Yes Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yes Optoelectronics Co. In general, you should focus on analyzing Yes Stock price patterns and their correlations with different microeconomic environments and drivers.
Yes Optoelectronics Predictive Forecast Models
Yes Optoelectronics' time-series forecasting models is one of many Yes Optoelectronics' 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 Yes Optoelectronics' 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 Yes Optoelectronics
Checking the ongoing alerts about Yes Optoelectronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yes Optoelectronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yes Optoelectronics had very high historical volatility over the last 90 days | |
| Yes Optoelectronics is unlikely to experience financial distress in the next 2 years | |
| About 70.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shanghai Stock Exchange reports 184 percent rise in mid-year dividend payouts by listed companies so far in 2024 - Global Times |
Other Information on Investing in Yes Stock
Yes Optoelectronics financial ratios help investors to determine whether Yes 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 Yes with respect to the benefits of owning Yes Optoelectronics security.