Yingde Greatchem (China) Probability of Future Stock Price Finishing Under 21.56
| 300804 Stock | 23.25 0.07 0.30% |
Yingde |
Yingde Greatchem Target Price Odds to finish below 21.56
The tendency of Yingde 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 21.56 or more in 90 days |
| 23.25 | 90 days | 21.56 | about 1.39 |
Based on a normal probability distribution, the odds of Yingde Greatchem to drop to 21.56 or more in 90 days from now is about 1.39 (This Yingde Greatchem Chemicals probability density function shows the probability of Yingde Stock to fall within a particular range of prices over 90 days) . Probability of Yingde Greatchem Che price to stay between 21.56 and its current price of 23.25 at the end of the 90-day period is about 17.67 .
Assuming the 90 days trading horizon Yingde Greatchem has a beta of 0.12. This suggests as returns on the market go up, Yingde Greatchem average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Yingde Greatchem Chemicals will be expected to be much smaller as well. Additionally Yingde Greatchem Chemicals has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Yingde Greatchem Price Density |
| Price |
Predictive Modules for Yingde Greatchem
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yingde Greatchem Che. 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.Yingde Greatchem Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yingde Greatchem is not an exception. The market had few large corrections towards the Yingde Greatchem'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 Yingde Greatchem Chemicals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yingde Greatchem within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 1.28 | |
Ir | Information ratio | -0.07 |
Yingde Greatchem 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 Yingde Greatchem for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yingde Greatchem Che can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yingde Greatchem Che generated a negative expected return over the last 90 days | |
| About 75.0% of the company shares are owned by insiders or employees |
Yingde Greatchem Technical Analysis
Yingde Greatchem's future price can be derived by breaking down and analyzing its technical indicators over time. Yingde Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yingde Greatchem Chemicals. In general, you should focus on analyzing Yingde Stock price patterns and their correlations with different microeconomic environments and drivers.
Yingde Greatchem Predictive Forecast Models
Yingde Greatchem's time-series forecasting models is one of many Yingde Greatchem'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 Yingde Greatchem'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 Yingde Greatchem Che
Checking the ongoing alerts about Yingde Greatchem for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yingde Greatchem Che help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yingde Greatchem Che generated a negative expected return over the last 90 days | |
| About 75.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Yingde Stock
Yingde Greatchem financial ratios help investors to determine whether Yingde 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 Yingde with respect to the benefits of owning Yingde Greatchem security.