Datang Telecom (China) Probability of Future Stock Price Finishing Under 3.85
| 600198 Stock | 10.52 0.54 4.88% |
Datang |
Datang Telecom Target Price Odds to finish below 3.85
The tendency of Datang 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 3.85 or more in 90 days |
| 10.52 | 90 days | 3.85 | about 7.07 |
Based on a normal probability distribution, the odds of Datang Telecom to drop to 3.85 or more in 90 days from now is about 7.07 (This Datang Telecom Technology probability density function shows the probability of Datang Stock to fall within a particular range of prices over 90 days) . Probability of Datang Telecom Technology price to stay between 3.85 and its current price of 10.52 at the end of the 90-day period is about 65.99 .
Assuming the 90 days trading horizon Datang Telecom Technology has a beta of -1.04. This suggests Moreover Datang Telecom Technology has an alpha of 1.398, implying that it can generate a 1.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Datang Telecom Price Density |
| Price |
Predictive Modules for Datang Telecom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Datang Telecom Technology. 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.Datang Telecom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Datang Telecom is not an exception. The market had few large corrections towards the Datang Telecom'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 Datang Telecom Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Datang Telecom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.40 | |
β | Beta against Dow Jones | -1.04 | |
σ | Overall volatility | 3.20 | |
Ir | Information ratio | 0.19 |
Datang Telecom 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 Datang Telecom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Datang Telecom Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Datang Telecom is way too risky over 90 days horizon | |
| Datang Telecom appears to be risky and price may revert if volatility continues | |
| Datang Telecom generates negative cash flow from operations | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Asia report Markets mixed as Trump rally fades - ShareCast |
Datang Telecom 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 Datang Stock often depends not only on the future outlook of the current and potential Datang Telecom'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. Datang Telecom's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
Datang Telecom Technical Analysis
Datang Telecom's future price can be derived by breaking down and analyzing its technical indicators over time. Datang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Datang Telecom Technology. In general, you should focus on analyzing Datang Stock price patterns and their correlations with different microeconomic environments and drivers.
Datang Telecom Predictive Forecast Models
Datang Telecom's time-series forecasting models is one of many Datang Telecom'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 Datang Telecom'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 Datang Telecom Technology
Checking the ongoing alerts about Datang Telecom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Datang Telecom Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Datang Telecom is way too risky over 90 days horizon | |
| Datang Telecom appears to be risky and price may revert if volatility continues | |
| Datang Telecom generates negative cash flow from operations | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Asia report Markets mixed as Trump rally fades - ShareCast |
Other Information on Investing in Datang Stock
Datang Telecom financial ratios help investors to determine whether Datang 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 Datang with respect to the benefits of owning Datang Telecom security.