Chongqing Zhifei (China) Probability of Future Stock Price Finishing Over 36.14
| 300122 Stock | 28.22 1.55 5.21% |
Chongqing |
Chongqing Zhifei Target Price Odds to finish over 36.14
The tendency of Chongqing 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 over 36.14 or more in 90 days |
| 28.22 | 90 days | 36.14 | under 4 |
Based on a normal probability distribution, the odds of Chongqing Zhifei to move over 36.14 or more in 90 days from now is under 4 (This Chongqing Zhifei Bio probability density function shows the probability of Chongqing Stock to fall within a particular range of prices over 90 days) . Probability of Chongqing Zhifei Bio price to stay between its current price of 28.22 and 36.14 at the end of the 90-day period is about 37.78 .
Assuming the 90 days trading horizon Chongqing Zhifei Bio has a beta of -0.65. This suggests as returns on the benchmark increase, returns on holding Chongqing Zhifei are expected to decrease at a much lower rate. During a bear market, however, Chongqing Zhifei Bio is likely to outperform the market. Additionally Chongqing Zhifei Bio has an alpha of 0.3832, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Chongqing Zhifei Price Density |
| Price |
Predictive Modules for Chongqing Zhifei
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chongqing Zhifei Bio. 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.Chongqing Zhifei Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chongqing Zhifei is not an exception. The market had few large corrections towards the Chongqing Zhifei'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 Chongqing Zhifei Bio, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chongqing Zhifei within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.65 | |
σ | Overall volatility | 4.81 | |
Ir | Information ratio | 0.04 |
Chongqing Zhifei 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 Chongqing Zhifei for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chongqing Zhifei Bio can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chongqing Zhifei Bio is way too risky over 90 days horizon | |
| Chongqing Zhifei Bio appears to be risky and price may revert if volatility continues | |
| Chongqing Zhifei Bio is unlikely to experience financial distress in the next 2 years | |
| About 59.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Chongqing Zhifei Biological Products Third Quarter 2024 Earnings Misses Expectations - Simply Wall St |
Chongqing Zhifei 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 Chongqing Stock often depends not only on the future outlook of the current and potential Chongqing Zhifei'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. Chongqing Zhifei's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.4 B | |
| Cash And Short Term Investments | 6.3 B |
Chongqing Zhifei Technical Analysis
Chongqing Zhifei's future price can be derived by breaking down and analyzing its technical indicators over time. Chongqing Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chongqing Zhifei Bio. In general, you should focus on analyzing Chongqing Stock price patterns and their correlations with different microeconomic environments and drivers.
Chongqing Zhifei Predictive Forecast Models
Chongqing Zhifei's time-series forecasting models is one of many Chongqing Zhifei'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 Chongqing Zhifei'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 Chongqing Zhifei Bio
Checking the ongoing alerts about Chongqing Zhifei for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chongqing Zhifei Bio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chongqing Zhifei Bio is way too risky over 90 days horizon | |
| Chongqing Zhifei Bio appears to be risky and price may revert if volatility continues | |
| Chongqing Zhifei Bio is unlikely to experience financial distress in the next 2 years | |
| About 59.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Chongqing Zhifei Biological Products Third Quarter 2024 Earnings Misses Expectations - Simply Wall St |
Other Information on Investing in Chongqing Stock
Chongqing Zhifei financial ratios help investors to determine whether Chongqing 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 Chongqing with respect to the benefits of owning Chongqing Zhifei security.