Beijing Originwater (China) Probability of Future Stock Price Finishing Under 1.34
| 300070 Stock | 5.86 0.06 1.03% |
Beijing |
Beijing Originwater Target Price Odds to finish below 1.34
The tendency of Beijing 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 1.34 or more in 90 days |
| 5.86 | 90 days | 1.34 | near 1 |
Based on a normal probability distribution, the odds of Beijing Originwater to drop to 1.34 or more in 90 days from now is near 1 (This Beijing Originwater Technology probability density function shows the probability of Beijing Stock to fall within a particular range of prices over 90 days) . Probability of Beijing Originwater price to stay between 1.34 and its current price of 5.86 at the end of the 90-day period is about 87.02 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.68 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Beijing Originwater will likely underperform. Additionally Beijing Originwater Technology has an alpha of 0.4785, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Beijing Originwater Price Density |
| Price |
Predictive Modules for Beijing Originwater
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Beijing Originwater. 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.Beijing Originwater Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Beijing Originwater is not an exception. The market had few large corrections towards the Beijing Originwater'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 Beijing Originwater Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Beijing Originwater within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 1.68 | |
σ | Overall volatility | 1.06 | |
Ir | Information ratio | 0.11 |
Beijing Originwater 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 Beijing Originwater for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Beijing Originwater can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Beijing Originwater is way too risky over 90 days horizon | |
| Beijing Originwater appears to be risky and price may revert if volatility continues | |
| About 49.0% of the company shares are owned by insiders or employees |
Beijing Originwater Technical Analysis
Beijing Originwater's future price can be derived by breaking down and analyzing its technical indicators over time. Beijing Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Beijing Originwater Technology. In general, you should focus on analyzing Beijing Stock price patterns and their correlations with different microeconomic environments and drivers.
Beijing Originwater Predictive Forecast Models
Beijing Originwater's time-series forecasting models is one of many Beijing Originwater'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 Beijing Originwater'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 Beijing Originwater
Checking the ongoing alerts about Beijing Originwater for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Beijing Originwater help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Beijing Originwater is way too risky over 90 days horizon | |
| Beijing Originwater appears to be risky and price may revert if volatility continues | |
| About 49.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Beijing Stock
Beijing Originwater financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Originwater security.