YiDong Electronics (China) Probability of Future Stock Price Finishing Over 22.55
| 301123 Stock | 20.57 0.46 2.19% |
YiDong |
YiDong Electronics Target Price Odds to finish over 22.55
The tendency of YiDong 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 move over 22.55 or more in 90 days |
| 20.57 | 90 days | 22.55 | under 4 |
Based on a normal probability distribution, the odds of YiDong Electronics to move over 22.55 or more in 90 days from now is under 4 (This YiDong Electronics Technology probability density function shows the probability of YiDong Stock to fall within a particular range of prices over 90 days) . Probability of YiDong Electronics price to stay between its current price of 20.57 and 22.55 at the end of the 90-day period is about 17.11 .
Assuming the 90 days trading horizon YiDong Electronics has a beta of 0.31. This suggests as returns on the market go up, YiDong Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding YiDong Electronics Technology will be expected to be much smaller as well. Additionally YiDong Electronics Technology has an alpha of 0.386, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). YiDong Electronics Price Density |
| Price |
Predictive Modules for YiDong Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as YiDong Electronics. 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.YiDong Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. YiDong Electronics is not an exception. The market had few large corrections towards the YiDong Electronics' 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 YiDong Electronics Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of YiDong Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 2.05 | |
Ir | Information ratio | 0.08 |
YiDong Electronics 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 YiDong Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for YiDong Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| YiDong Electronics appears to be risky and price may revert if volatility continues | |
| About 68.0% of the company shares are owned by insiders or employees |
YiDong Electronics 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 YiDong Stock often depends not only on the future outlook of the current and potential YiDong Electronics' 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. YiDong Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 233.6 M |
YiDong Electronics Technical Analysis
YiDong Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. YiDong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of YiDong Electronics Technology. In general, you should focus on analyzing YiDong Stock price patterns and their correlations with different microeconomic environments and drivers.
YiDong Electronics Predictive Forecast Models
YiDong Electronics' time-series forecasting models is one of many YiDong Electronics' 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 YiDong Electronics' 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 YiDong Electronics
Checking the ongoing alerts about YiDong Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for YiDong Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| YiDong Electronics appears to be risky and price may revert if volatility continues | |
| About 68.0% of the company shares are owned by insiders or employees |
Other Information on Investing in YiDong Stock
YiDong Electronics financial ratios help investors to determine whether YiDong 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 YiDong with respect to the benefits of owning YiDong Electronics security.