Risuntek (China) Odds of Future Stock Price Finishing Over 21.66

002981 Stock   26.88  0.08  0.30%   
Risuntek's future price is the expected price of Risuntek instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Risuntek performance during a given time horizon utilizing its historical volatility. Check out Risuntek Backtesting, Risuntek Valuation, Risuntek Correlation, Risuntek Hype Analysis, Risuntek Volatility, Risuntek History as well as Risuntek Performance.
  
Please specify Risuntek's target price for which you would like Risuntek odds to be computed.

Risuntek Target Price Odds to finish over 21.66

The tendency of Risuntek 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 PriceHorizonTarget PriceOdds to stay above  21.66  in 90 days
 26.88 90 days 21.66 
about 60.57
Based on a normal probability distribution, the odds of Risuntek to stay above  21.66  in 90 days from now is about 60.57 (This Risuntek probability density function shows the probability of Risuntek Stock to fall within a particular range of prices over 90 days) . Probability of Risuntek price to stay between  21.66  and its current price of 26.88 at the end of the 90-day period is about 55.34 .
Assuming the 90 days trading horizon Risuntek has a beta of -0.44. This suggests as returns on the benchmark increase, returns on holding Risuntek are expected to decrease at a much lower rate. During a bear market, however, Risuntek is likely to outperform the market. Additionally Risuntek has an alpha of 0.5198, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Risuntek Price Density   
       Price  

Predictive Modules for Risuntek

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Risuntek. 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.
Hype
Prediction
LowEstimatedHigh
23.2227.5131.80
Details
Intrinsic
Valuation
LowRealHigh
16.7321.0229.57
Details
Naive
Forecast
LowNextHigh
21.6425.9330.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.0724.2528.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Risuntek. Your research has to be compared to or analyzed against Risuntek's peers to derive any actionable benefits. When done correctly, Risuntek's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Risuntek.

Risuntek Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Risuntek is not an exception. The market had few large corrections towards the Risuntek'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 Risuntek, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Risuntek within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.52
β
Beta against Dow Jones-0.44
σ
Overall volatility
2.76
Ir
Information ratio 0.09

Risuntek 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 Risuntek for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Risuntek can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Risuntek appears to be risky and price may revert if volatility continues
About 72.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: The Market Lifts Risuntek Inc. Shares 25 percent But It Can Do More - Simply Wall St

Risuntek 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 Risuntek Stock often depends not only on the future outlook of the current and potential Risuntek'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. Risuntek's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding134.4 M

Risuntek Technical Analysis

Risuntek's future price can be derived by breaking down and analyzing its technical indicators over time. Risuntek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Risuntek. In general, you should focus on analyzing Risuntek Stock price patterns and their correlations with different microeconomic environments and drivers.

Risuntek Predictive Forecast Models

Risuntek's time-series forecasting models is one of many Risuntek'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 Risuntek'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 Risuntek

Checking the ongoing alerts about Risuntek for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Risuntek help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Risuntek appears to be risky and price may revert if volatility continues
About 72.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: The Market Lifts Risuntek Inc. Shares 25 percent But It Can Do More - Simply Wall St

Other Information on Investing in Risuntek Stock

Risuntek financial ratios help investors to determine whether Risuntek 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 Risuntek with respect to the benefits of owning Risuntek security.