China Construction (Taiwan) Probability of Future Stock Price Finishing Over 14.29
| 00939 Stock | 14.47 0.05 0.34% |
China |
China Construction Target Price Odds to finish over 14.29
The tendency of China 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 14.29 in 90 days |
| 14.47 | 90 days | 14.29 | about 38.43 |
Based on a normal probability distribution, the odds of China Construction to stay above 14.29 in 90 days from now is about 38.43 (This China Construction Bank probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) . Probability of China Construction Bank price to stay between 14.29 and its current price of 14.47 at the end of the 90-day period is about 29.63 .
Assuming the 90 days trading horizon China Construction Bank has a beta of -0.0957. This suggests as returns on the benchmark increase, returns on holding China Construction are expected to decrease at a much lower rate. During a bear market, however, China Construction Bank is likely to outperform the market. Additionally China Construction Bank has an alpha of 0.0144, implying that it can generate a 0.0144 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). China Construction Price Density |
| Price |
Predictive Modules for China 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 China Construction Bank. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as China Construction. Your research has to be compared to or analyzed against China Construction's peers to derive any actionable benefits. When done correctly, China Construction'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 China Construction Bank.China Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Construction is not an exception. The market had few large corrections towards the China 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 China Construction Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | 0.02 |
China Construction Technical Analysis
China Construction's future price can be derived by breaking down and analyzing its technical indicators over time. China Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Construction Bank. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Construction Predictive Forecast Models
China Construction's time-series forecasting models is one of many China 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 China 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Construction in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Construction's short interest history, or implied volatility extrapolated from China Construction options trading.
Additional Tools for China Stock Analysis
When running China Construction's price analysis, check to measure China Construction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Construction is operating at the current time. Most of China Construction's value examination focuses on studying past and present price action to predict the probability of China Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Construction's price. Additionally, you may evaluate how the addition of China Construction to your portfolios can decrease your overall portfolio volatility.