Shanxi Lanhua (China) Probability of Future Stock Price Finishing Under 4.35
| 600123 Stock | 8.63 0.07 0.82% |
Shanxi |
Shanxi Lanhua Target Price Odds to finish below 4.35
The tendency of Shanxi 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 4.35 or more in 90 days |
| 8.63 | 90 days | 4.35 | near 1 |
Based on a normal probability distribution, the odds of Shanxi Lanhua to drop to 4.35 or more in 90 days from now is near 1 (This Shanxi Lanhua Sci Tech probability density function shows the probability of Shanxi Stock to fall within a particular range of prices over 90 days) . Probability of Shanxi Lanhua Sci price to stay between 4.35 and its current price of 8.63 at the end of the 90-day period is about 56.58 .
Assuming the 90 days trading horizon Shanxi Lanhua Sci Tech has a beta of -0.58. This suggests as returns on the benchmark increase, returns on holding Shanxi Lanhua are expected to decrease at a much lower rate. During a bear market, however, Shanxi Lanhua Sci Tech is likely to outperform the market. Additionally Shanxi Lanhua Sci Tech has an alpha of 0.1814, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shanxi Lanhua Price Density |
| Price |
Predictive Modules for Shanxi Lanhua
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shanxi Lanhua Sci. 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.Shanxi Lanhua Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shanxi Lanhua is not an exception. The market had few large corrections towards the Shanxi Lanhua'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 Shanxi Lanhua Sci Tech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shanxi Lanhua within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | -0.0031 |
Shanxi Lanhua 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 Shanxi Lanhua for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shanxi Lanhua Sci can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shanxi Lanhua Sci is unlikely to experience financial distress in the next 2 years | |
| About 48.0% of the company shares are owned by insiders or employees |
Shanxi Lanhua 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 Shanxi Stock often depends not only on the future outlook of the current and potential Shanxi Lanhua'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. Shanxi Lanhua's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B |
Shanxi Lanhua Technical Analysis
Shanxi Lanhua's future price can be derived by breaking down and analyzing its technical indicators over time. Shanxi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shanxi Lanhua Sci Tech. In general, you should focus on analyzing Shanxi Stock price patterns and their correlations with different microeconomic environments and drivers.
Shanxi Lanhua Predictive Forecast Models
Shanxi Lanhua's time-series forecasting models is one of many Shanxi Lanhua'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 Shanxi Lanhua'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 Shanxi Lanhua Sci
Checking the ongoing alerts about Shanxi Lanhua for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shanxi Lanhua Sci help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shanxi Lanhua Sci is unlikely to experience financial distress in the next 2 years | |
| About 48.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Shanxi Stock
Shanxi Lanhua financial ratios help investors to determine whether Shanxi 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 Shanxi with respect to the benefits of owning Shanxi Lanhua security.