Rongcheer Industrial (China) Probability of Future Stock Price Finishing Over 52.46
| 301360 Stock | 54.36 0.06 0.11% |
Rongcheer |
Rongcheer Industrial Target Price Odds to finish over 52.46
The tendency of Rongcheer 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 52.46 in 90 days |
| 54.36 | 90 days | 52.46 | about 38.0 |
Based on a normal probability distribution, the odds of Rongcheer Industrial to stay above 52.46 in 90 days from now is about 38.0 (This Rongcheer Industrial Technology probability density function shows the probability of Rongcheer Stock to fall within a particular range of prices over 90 days) . Probability of Rongcheer Industrial price to stay between 52.46 and its current price of 54.36 at the end of the 90-day period is about 11.38 .
Assuming the 90 days trading horizon Rongcheer Industrial Technology has a beta of -0.58. This suggests as returns on the benchmark increase, returns on holding Rongcheer Industrial are expected to decrease at a much lower rate. During a bear market, however, Rongcheer Industrial Technology is likely to outperform the market. Additionally Rongcheer Industrial Technology has an alpha of 0.5369, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rongcheer Industrial Price Density |
| Price |
Predictive Modules for Rongcheer Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rongcheer Industrial. 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.Rongcheer Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rongcheer Industrial is not an exception. The market had few large corrections towards the Rongcheer Industrial'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 Rongcheer Industrial Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rongcheer Industrial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 5.96 | |
Ir | Information ratio | 0.08 |
Rongcheer Industrial 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 Rongcheer Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rongcheer Industrial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rongcheer Industrial had very high historical volatility over the last 90 days | |
| About 68.0% of the company shares are owned by insiders or employees |
Rongcheer Industrial 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 Rongcheer Stock often depends not only on the future outlook of the current and potential Rongcheer Industrial'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. Rongcheer Industrial's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0054 | |
| Forward Annual Dividend Rate | 0.3 | |
| Shares Float | 13.7 M |
Rongcheer Industrial Technical Analysis
Rongcheer Industrial's future price can be derived by breaking down and analyzing its technical indicators over time. Rongcheer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rongcheer Industrial Technology. In general, you should focus on analyzing Rongcheer Stock price patterns and their correlations with different microeconomic environments and drivers.
Rongcheer Industrial Predictive Forecast Models
Rongcheer Industrial's time-series forecasting models is one of many Rongcheer Industrial'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 Rongcheer Industrial'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 Rongcheer Industrial
Checking the ongoing alerts about Rongcheer Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rongcheer Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rongcheer Industrial had very high historical volatility over the last 90 days | |
| About 68.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Rongcheer Stock
Rongcheer Industrial financial ratios help investors to determine whether Rongcheer 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 Rongcheer with respect to the benefits of owning Rongcheer Industrial security.