Sanbo Hospital (China) Probability of Future Stock Price Finishing Over 51.51
| 301293 Stock | 46.95 2.25 5.03% |
Sanbo |
Sanbo Hospital Target Price Odds to finish over 51.51
The tendency of Sanbo 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 51.51 or more in 90 days |
| 46.95 | 90 days | 51.51 | about 6.16 |
Based on a normal probability distribution, the odds of Sanbo Hospital to move over 51.51 or more in 90 days from now is about 6.16 (This Sanbo Hospital Management probability density function shows the probability of Sanbo Stock to fall within a particular range of prices over 90 days) . Probability of Sanbo Hospital Management price to stay between its current price of 46.95 and 51.51 at the end of the 90-day period is about 10.85 .
Assuming the 90 days trading horizon Sanbo Hospital Management has a beta of -0.0914. This suggests as returns on the benchmark increase, returns on holding Sanbo Hospital are expected to decrease at a much lower rate. During a bear market, however, Sanbo Hospital Management is likely to outperform the market. Additionally Sanbo Hospital Management has an alpha of 0.4577, implying that it can generate a 0.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sanbo Hospital Price Density |
| Price |
Predictive Modules for Sanbo Hospital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sanbo Hospital Management. 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.Sanbo Hospital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sanbo Hospital is not an exception. The market had few large corrections towards the Sanbo Hospital'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 Sanbo Hospital Management, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sanbo Hospital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 7.76 | |
Ir | Information ratio | 0.08 |
Sanbo Hospital 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 Sanbo Hospital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sanbo Hospital Management can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sanbo Hospital appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company shares are owned by insiders or employees |
Sanbo Hospital 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 Sanbo Stock often depends not only on the future outlook of the current and potential Sanbo Hospital'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. Sanbo Hospital's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0021 | |
| Forward Annual Dividend Rate | 0.1 | |
| Shares Float | 118.5 M |
Sanbo Hospital Technical Analysis
Sanbo Hospital's future price can be derived by breaking down and analyzing its technical indicators over time. Sanbo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sanbo Hospital Management. In general, you should focus on analyzing Sanbo Stock price patterns and their correlations with different microeconomic environments and drivers.
Sanbo Hospital Predictive Forecast Models
Sanbo Hospital's time-series forecasting models is one of many Sanbo Hospital'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 Sanbo Hospital'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 Sanbo Hospital Management
Checking the ongoing alerts about Sanbo Hospital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sanbo Hospital Management help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sanbo Hospital appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Sanbo Stock
Sanbo Hospital financial ratios help investors to determine whether Sanbo 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 Sanbo with respect to the benefits of owning Sanbo Hospital security.