Hubei Xingfa (China) Probability of Future Stock Price Finishing Under 20.14
| 600141 Stock | 22.73 0.47 2.03% |
Hubei |
Hubei Xingfa Target Price Odds to finish below 20.14
The tendency of Hubei 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 20.14 or more in 90 days |
| 22.73 | 90 days | 20.14 | about 34.76 |
Based on a normal probability distribution, the odds of Hubei Xingfa to drop to 20.14 or more in 90 days from now is about 34.76 (This Hubei Xingfa Chemicals probability density function shows the probability of Hubei Stock to fall within a particular range of prices over 90 days) . Probability of Hubei Xingfa Chemicals price to stay between 20.14 and its current price of 22.73 at the end of the 90-day period is about 39.65 .
Assuming the 90 days trading horizon Hubei Xingfa Chemicals has a beta of -0.59. This suggests as returns on the benchmark increase, returns on holding Hubei Xingfa are expected to decrease at a much lower rate. During a bear market, however, Hubei Xingfa Chemicals is likely to outperform the market. Additionally Hubei Xingfa Chemicals has an alpha of 0.4682, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hubei Xingfa Price Density |
| Price |
Predictive Modules for Hubei Xingfa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hubei Xingfa Chemicals. 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.Hubei Xingfa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hubei Xingfa is not an exception. The market had few large corrections towards the Hubei Xingfa'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 Hubei Xingfa Chemicals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hubei Xingfa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | -0.59 | |
σ | Overall volatility | 2.47 | |
Ir | Information ratio | 0.10 |
Hubei Xingfa 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 Hubei Xingfa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hubei Xingfa Chemicals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 40.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Phosphoric Acid Market Size, Share, Growth 2031 - openPR |
Hubei Xingfa 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 Hubei Stock often depends not only on the future outlook of the current and potential Hubei Xingfa'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. Hubei Xingfa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
Hubei Xingfa Technical Analysis
Hubei Xingfa's future price can be derived by breaking down and analyzing its technical indicators over time. Hubei Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hubei Xingfa Chemicals. In general, you should focus on analyzing Hubei Stock price patterns and their correlations with different microeconomic environments and drivers.
Hubei Xingfa Predictive Forecast Models
Hubei Xingfa's time-series forecasting models is one of many Hubei Xingfa'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 Hubei Xingfa'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 Hubei Xingfa Chemicals
Checking the ongoing alerts about Hubei Xingfa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hubei Xingfa Chemicals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 40.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Phosphoric Acid Market Size, Share, Growth 2031 - openPR |
Other Information on Investing in Hubei Stock
Hubei Xingfa financial ratios help investors to determine whether Hubei 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 Hubei with respect to the benefits of owning Hubei Xingfa security.