CIMC Vehicles (China) Probability of Future Stock Price Finishing Over 8.4
| 301039 Stock | 9.80 0.04 0.41% |
CIMC |
CIMC Vehicles Target Price Odds to finish over 8.4
The tendency of CIMC 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 8.40 in 90 days |
| 9.80 | 90 days | 8.40 | about 85.63 |
Based on a normal probability distribution, the odds of CIMC Vehicles to stay above 8.40 in 90 days from now is about 85.63 (This CIMC Vehicles Co probability density function shows the probability of CIMC Stock to fall within a particular range of prices over 90 days) . Probability of CIMC Vehicles price to stay between 8.40 and its current price of 9.8 at the end of the 90-day period is about 52.1 .
Assuming the 90 days trading horizon CIMC Vehicles Co has a beta of -0.7. This suggests as returns on the benchmark increase, returns on holding CIMC Vehicles are expected to decrease at a much lower rate. During a bear market, however, CIMC Vehicles Co is likely to outperform the market. Additionally CIMC Vehicles Co has an alpha of 0.4181, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CIMC Vehicles Price Density |
| Price |
Predictive Modules for CIMC Vehicles
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CIMC Vehicles. 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.CIMC Vehicles Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CIMC Vehicles is not an exception. The market had few large corrections towards the CIMC Vehicles' 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 CIMC Vehicles Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CIMC Vehicles within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | -0.7 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | 0.07 |
CIMC Vehicles 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 CIMC Vehicles for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CIMC Vehicles can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CIMC Vehicles had very high historical volatility over the last 90 days | |
| About 57.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: CIMC Vehicle Co., Ltd. acquired Retlan Manufacturing Ltd from JJ Donnelly and his family and Mark Cuskeran for 91.7 million. - Marketscreener.com |
CIMC Vehicles 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 CIMC Stock often depends not only on the future outlook of the current and potential CIMC Vehicles' 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. CIMC Vehicles' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.6 B |
CIMC Vehicles Technical Analysis
CIMC Vehicles' future price can be derived by breaking down and analyzing its technical indicators over time. CIMC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CIMC Vehicles Co. In general, you should focus on analyzing CIMC Stock price patterns and their correlations with different microeconomic environments and drivers.
CIMC Vehicles Predictive Forecast Models
CIMC Vehicles' time-series forecasting models is one of many CIMC Vehicles' 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 CIMC Vehicles' 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 CIMC Vehicles
Checking the ongoing alerts about CIMC Vehicles for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CIMC Vehicles help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CIMC Vehicles had very high historical volatility over the last 90 days | |
| About 57.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: CIMC Vehicle Co., Ltd. acquired Retlan Manufacturing Ltd from JJ Donnelly and his family and Mark Cuskeran for 91.7 million. - Marketscreener.com |
Other Information on Investing in CIMC Stock
CIMC Vehicles financial ratios help investors to determine whether CIMC 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 CIMC with respect to the benefits of owning CIMC Vehicles security.