Zhuhai Enpower (China) Probability of Future Stock Price Finishing Over 17.57
| 300681 Stock | 22.75 0.38 1.64% |
Zhuhai |
Zhuhai Enpower Target Price Odds to finish over 17.57
The tendency of Zhuhai 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 17.57 in 90 days |
| 22.75 | 90 days | 17.57 | about 45.54 |
Based on a normal probability distribution, the odds of Zhuhai Enpower to stay above 17.57 in 90 days from now is about 45.54 (This Zhuhai Enpower Electric probability density function shows the probability of Zhuhai Stock to fall within a particular range of prices over 90 days) . Probability of Zhuhai Enpower Electric price to stay between 17.57 and its current price of 22.75 at the end of the 90-day period is about 34.17 .
Assuming the 90 days trading horizon Zhuhai Enpower Electric has a beta of -1.39. This suggests as returns on its benchmark rise, returns on holding Zhuhai Enpower Electric are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Zhuhai Enpower is expected to outperform its benchmark. Moreover Zhuhai Enpower Electric has an alpha of 1.2321, implying that it can generate a 1.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhuhai Enpower Price Density |
| Price |
Predictive Modules for Zhuhai Enpower
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhuhai Enpower Electric. 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.Zhuhai Enpower Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhuhai Enpower is not an exception. The market had few large corrections towards the Zhuhai Enpower'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 Zhuhai Enpower Electric, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhuhai Enpower within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.23 | |
β | Beta against Dow Jones | -1.39 | |
σ | Overall volatility | 4.73 | |
Ir | Information ratio | 0.18 |
Zhuhai Enpower 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 Zhuhai Enpower for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhuhai Enpower Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhuhai Enpower is way too risky over 90 days horizon | |
| Zhuhai Enpower appears to be risky and price may revert if volatility continues | |
| About 47.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: EHang Holdings Board Approves 30 Million Share Repurchase Program - Marketscreener.com |
Zhuhai Enpower 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 Zhuhai Stock often depends not only on the future outlook of the current and potential Zhuhai Enpower'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. Zhuhai Enpower's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 252.3 M | |
| Dividends Paid | 26.2 M | |
| Forward Annual Dividend Rate | 0.03 | |
| Shares Float | 136.2 M |
Zhuhai Enpower Technical Analysis
Zhuhai Enpower's future price can be derived by breaking down and analyzing its technical indicators over time. Zhuhai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhuhai Enpower Electric. In general, you should focus on analyzing Zhuhai Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhuhai Enpower Predictive Forecast Models
Zhuhai Enpower's time-series forecasting models is one of many Zhuhai Enpower'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 Zhuhai Enpower'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 Zhuhai Enpower Electric
Checking the ongoing alerts about Zhuhai Enpower for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhuhai Enpower Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhuhai Enpower is way too risky over 90 days horizon | |
| Zhuhai Enpower appears to be risky and price may revert if volatility continues | |
| About 47.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: EHang Holdings Board Approves 30 Million Share Repurchase Program - Marketscreener.com |
Other Information on Investing in Zhuhai Stock
Zhuhai Enpower financial ratios help investors to determine whether Zhuhai 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 Zhuhai with respect to the benefits of owning Zhuhai Enpower security.