Songcheng Performance (China) Probability of Future Stock Price Finishing Under 9.26
| 300144 Stock | 9.06 0.36 3.82% |
Songcheng |
Songcheng Performance Target Price Odds to finish below 9.26
The tendency of Songcheng 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 under 9.26 after 90 days |
| 9.06 | 90 days | 9.26 | about 67.5 |
Based on a normal probability distribution, the odds of Songcheng Performance to stay under 9.26 after 90 days from now is about 67.5 (This Songcheng Performance Develop probability density function shows the probability of Songcheng Stock to fall within a particular range of prices over 90 days) . Probability of Songcheng Performance price to stay between its current price of 9.06 and 9.26 at the end of the 90-day period is about 6.41 .
Assuming the 90 days trading horizon Songcheng Performance Develop has a beta of -1.27. This suggests as returns on its benchmark rise, returns on holding Songcheng Performance Develop are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Songcheng Performance is expected to outperform its benchmark. Additionally Songcheng Performance Develop has an alpha of 0.4185, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Songcheng Performance Price Density |
| Price |
Predictive Modules for Songcheng Performance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Songcheng Performance. 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.Songcheng Performance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Songcheng Performance is not an exception. The market had few large corrections towards the Songcheng Performance'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 Songcheng Performance Develop, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Songcheng Performance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | -1.27 | |
σ | Overall volatility | 1.16 | |
Ir | Information ratio | 0.04 |
Songcheng Performance 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 Songcheng Performance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Songcheng Performance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Songcheng Performance had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.93 B. Net Loss for the year was (109.91 M) with profit before overhead, payroll, taxes, and interest of 224.74 M. | |
| About 48.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Songcheng Performance Development Co.,Ltd Is Going Strong But Fundamentals Appear To Be Mixed Is There A Clear Direction For The Stock - Simply Wall St |
Songcheng Performance 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 Songcheng Stock often depends not only on the future outlook of the current and potential Songcheng Performance'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. Songcheng Performance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.6 B |
Songcheng Performance Technical Analysis
Songcheng Performance's future price can be derived by breaking down and analyzing its technical indicators over time. Songcheng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Songcheng Performance Develop. In general, you should focus on analyzing Songcheng Stock price patterns and their correlations with different microeconomic environments and drivers.
Songcheng Performance Predictive Forecast Models
Songcheng Performance's time-series forecasting models is one of many Songcheng Performance'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 Songcheng Performance'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 Songcheng Performance
Checking the ongoing alerts about Songcheng Performance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Songcheng Performance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Songcheng Performance had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.93 B. Net Loss for the year was (109.91 M) with profit before overhead, payroll, taxes, and interest of 224.74 M. | |
| About 48.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Songcheng Performance Development Co.,Ltd Is Going Strong But Fundamentals Appear To Be Mixed Is There A Clear Direction For The Stock - Simply Wall St |
Other Information on Investing in Songcheng Stock
Songcheng Performance financial ratios help investors to determine whether Songcheng 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 Songcheng with respect to the benefits of owning Songcheng Performance security.