Nanjing Putian (China) Probability of Future Stock Price Finishing Over 3.97
| 200468 Stock | 4.60 0.12 2.68% |
Nanjing |
Nanjing Putian Target Price Odds to finish over 3.97
The tendency of Nanjing 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 3.97 in 90 days |
| 4.60 | 90 days | 3.97 | about 20.45 |
Based on a normal probability distribution, the odds of Nanjing Putian to stay above 3.97 in 90 days from now is about 20.45 (This Nanjing Putian Telecommunications probability density function shows the probability of Nanjing Stock to fall within a particular range of prices over 90 days) . Probability of Nanjing Putian Telec price to stay between 3.97 and its current price of 4.6 at the end of the 90-day period is about 12.43 .
Assuming the 90 days trading horizon Nanjing Putian Telecommunications has a beta of -0.43. This suggests as returns on the benchmark increase, returns on holding Nanjing Putian are expected to decrease at a much lower rate. During a bear market, however, Nanjing Putian Telecommunications is likely to outperform the market. Moreover Nanjing Putian Telecommunications has an alpha of 1.4497, implying that it can generate a 1.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nanjing Putian Price Density |
| Price |
Predictive Modules for Nanjing Putian
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nanjing Putian 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.Nanjing Putian Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nanjing Putian is not an exception. The market had few large corrections towards the Nanjing Putian'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 Nanjing Putian Telecommunications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nanjing Putian within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.45 | |
β | Beta against Dow Jones | -0.43 | |
σ | Overall volatility | 1.09 | |
Ir | Information ratio | 0.31 |
Nanjing Putian 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 Nanjing Putian for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nanjing Putian 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.| Nanjing Putian Telec appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 818.33 M. Net Loss for the year was (16.88 M) with profit before overhead, payroll, taxes, and interest of 173.86 M. | |
| Nanjing Putian generates negative cash flow from operations | |
| About 59.0% of the company shares are owned by insiders or employees |
Nanjing Putian 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 Nanjing Stock often depends not only on the future outlook of the current and potential Nanjing Putian'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. Nanjing Putian's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 215 M |
Nanjing Putian Technical Analysis
Nanjing Putian's future price can be derived by breaking down and analyzing its technical indicators over time. Nanjing Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nanjing Putian Telecommunications. In general, you should focus on analyzing Nanjing Stock price patterns and their correlations with different microeconomic environments and drivers.
Nanjing Putian Predictive Forecast Models
Nanjing Putian's time-series forecasting models is one of many Nanjing Putian'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 Nanjing Putian'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 Nanjing Putian Telec
Checking the ongoing alerts about Nanjing Putian for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nanjing Putian Telec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nanjing Putian Telec appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 818.33 M. Net Loss for the year was (16.88 M) with profit before overhead, payroll, taxes, and interest of 173.86 M. | |
| Nanjing Putian generates negative cash flow from operations | |
| About 59.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Nanjing Stock
Nanjing Putian financial ratios help investors to determine whether Nanjing 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 Nanjing with respect to the benefits of owning Nanjing Putian security.