Chengdu Kanghua (China) Probability of Future Stock Price Finishing Under 51.07
| 300841 Stock | 57.63 0.98 1.73% |
Chengdu |
Chengdu Kanghua Target Price Odds to finish below 51.07
The tendency of Chengdu 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 51.07 or more in 90 days |
| 57.63 | 90 days | 51.07 | about 23.36 |
Based on a normal probability distribution, the odds of Chengdu Kanghua to drop to 51.07 or more in 90 days from now is about 23.36 (This Chengdu Kanghua Biological probability density function shows the probability of Chengdu Stock to fall within a particular range of prices over 90 days) . Probability of Chengdu Kanghua Biol price to stay between 51.07 and its current price of 57.63 at the end of the 90-day period is about 33.18 .
Assuming the 90 days trading horizon Chengdu Kanghua Biological has a beta of -0.0615. This suggests as returns on the benchmark increase, returns on holding Chengdu Kanghua are expected to decrease at a much lower rate. During a bear market, however, Chengdu Kanghua Biological is likely to outperform the market. Additionally Chengdu Kanghua Biological has an alpha of 0.3049, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Chengdu Kanghua Price Density |
| Price |
Predictive Modules for Chengdu Kanghua
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chengdu Kanghua Biol. 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.Chengdu Kanghua Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chengdu Kanghua is not an exception. The market had few large corrections towards the Chengdu Kanghua'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 Chengdu Kanghua Biological, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chengdu Kanghua within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 7.36 | |
Ir | Information ratio | 0.04 |
Chengdu Kanghua 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 Chengdu Kanghua for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chengdu Kanghua Biol can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chengdu Kanghua Biol had very high historical volatility over the last 90 days | |
| About 35.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Baoxiniao Holding Leads Our Top 3 Dividend Stocks - Yahoo Finance |
Chengdu Kanghua 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 Chengdu Stock often depends not only on the future outlook of the current and potential Chengdu Kanghua'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. Chengdu Kanghua's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 134.7 M |
Chengdu Kanghua Technical Analysis
Chengdu Kanghua's future price can be derived by breaking down and analyzing its technical indicators over time. Chengdu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chengdu Kanghua Biological. In general, you should focus on analyzing Chengdu Stock price patterns and their correlations with different microeconomic environments and drivers.
Chengdu Kanghua Predictive Forecast Models
Chengdu Kanghua's time-series forecasting models is one of many Chengdu Kanghua'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 Chengdu Kanghua'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 Chengdu Kanghua Biol
Checking the ongoing alerts about Chengdu Kanghua for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chengdu Kanghua Biol help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chengdu Kanghua Biol had very high historical volatility over the last 90 days | |
| About 35.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Baoxiniao Holding Leads Our Top 3 Dividend Stocks - Yahoo Finance |
Other Information on Investing in Chengdu Stock
Chengdu Kanghua financial ratios help investors to determine whether Chengdu 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 Chengdu with respect to the benefits of owning Chengdu Kanghua security.