Shandong Sino-Agri (China) Probability of Future Stock Price Finishing Under 17.97
| 003042 Stock | 17.97 1.63 9.98% |
Shandong |
Shandong Sino-Agri Target Price Odds to finish below 17.97
The tendency of Shandong 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 below current price in 90 days |
| 17.97 | 90 days | 17.97 | close to 99 |
Based on a normal probability distribution, the odds of Shandong Sino-Agri to move below current price in 90 days from now is close to 99 (This Shandong Sino Agri United probability density function shows the probability of Shandong Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Shandong Sino-Agri has a beta of 0.56. This suggests as returns on the market go up, Shandong Sino-Agri average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shandong Sino Agri United will be expected to be much smaller as well. Additionally Shandong Sino Agri United has an alpha of 0.696, implying that it can generate a 0.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shandong Sino-Agri Price Density |
| Price |
Predictive Modules for Shandong Sino-Agri
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shandong Sino Agri. 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.Shandong Sino-Agri Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shandong Sino-Agri is not an exception. The market had few large corrections towards the Shandong Sino-Agri'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 Shandong Sino Agri United, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shandong Sino-Agri within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.70 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 1.74 | |
Ir | Information ratio | 0.18 |
Shandong Sino-Agri 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 Shandong Sino-Agri for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shandong Sino Agri can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shandong Sino Agri appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.68 B. Net Loss for the year was (192.47 M) with profit before overhead, payroll, taxes, and interest of 361.29 M. | |
| About 58.0% of the company shares are owned by insiders or employees |
Shandong Sino-Agri 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 Shandong Stock often depends not only on the future outlook of the current and potential Shandong Sino-Agri'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. Shandong Sino-Agri's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 142.5 M |
Shandong Sino-Agri Technical Analysis
Shandong Sino-Agri's future price can be derived by breaking down and analyzing its technical indicators over time. Shandong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shandong Sino Agri United. In general, you should focus on analyzing Shandong Stock price patterns and their correlations with different microeconomic environments and drivers.
Shandong Sino-Agri Predictive Forecast Models
Shandong Sino-Agri's time-series forecasting models is one of many Shandong Sino-Agri'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 Shandong Sino-Agri'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 Shandong Sino Agri
Checking the ongoing alerts about Shandong Sino-Agri for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shandong Sino Agri help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shandong Sino Agri appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.68 B. Net Loss for the year was (192.47 M) with profit before overhead, payroll, taxes, and interest of 361.29 M. | |
| About 58.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Shandong Stock
Shandong Sino-Agri financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Sino-Agri security.