Xinhu Zhongbao (China) Probability of Future Stock Price Finishing Under 2.83
| 600208 Stock | 3.24 0.05 1.57% |
Xinhu |
Xinhu Zhongbao Target Price Odds to finish below 2.83
The tendency of Xinhu 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 2.83 or more in 90 days |
| 3.24 | 90 days | 2.83 | about 64.35 |
Based on a normal probability distribution, the odds of Xinhu Zhongbao to drop to 2.83 or more in 90 days from now is about 64.35 (This Xinhu Zhongbao Co probability density function shows the probability of Xinhu Stock to fall within a particular range of prices over 90 days) . Probability of Xinhu Zhongbao price to stay between 2.83 and its current price of 3.24 at the end of the 90-day period is about 22.62 .
Assuming the 90 days trading horizon Xinhu Zhongbao Co has a beta of -0.93. This suggests Moreover Xinhu Zhongbao Co has an alpha of 1.1518, implying that it can generate a 1.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Xinhu Zhongbao Price Density |
| Price |
Predictive Modules for Xinhu Zhongbao
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xinhu Zhongbao. 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.Xinhu Zhongbao Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xinhu Zhongbao is not an exception. The market had few large corrections towards the Xinhu Zhongbao'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 Xinhu Zhongbao Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xinhu Zhongbao within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.15 | |
β | Beta against Dow Jones | -0.93 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | 0.23 |
Xinhu Zhongbao 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 Xinhu Zhongbao for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xinhu Zhongbao can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Xinhu Zhongbao appears to be risky and price may revert if volatility continues | |
| Xinhu Zhongbao is unlikely to experience financial distress in the next 2 years | |
| Xinhu Zhongbao generates negative cash flow from operations | |
| About 60.0% of the company shares are owned by insiders or employees |
Xinhu Zhongbao 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 Xinhu Stock often depends not only on the future outlook of the current and potential Xinhu Zhongbao'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. Xinhu Zhongbao's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.5 B |
Xinhu Zhongbao Technical Analysis
Xinhu Zhongbao's future price can be derived by breaking down and analyzing its technical indicators over time. Xinhu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xinhu Zhongbao Co. In general, you should focus on analyzing Xinhu Stock price patterns and their correlations with different microeconomic environments and drivers.
Xinhu Zhongbao Predictive Forecast Models
Xinhu Zhongbao's time-series forecasting models is one of many Xinhu Zhongbao'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 Xinhu Zhongbao'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 Xinhu Zhongbao
Checking the ongoing alerts about Xinhu Zhongbao for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xinhu Zhongbao help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Xinhu Zhongbao appears to be risky and price may revert if volatility continues | |
| Xinhu Zhongbao is unlikely to experience financial distress in the next 2 years | |
| Xinhu Zhongbao generates negative cash flow from operations | |
| About 60.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Xinhu Stock
Xinhu Zhongbao financial ratios help investors to determine whether Xinhu 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 Xinhu with respect to the benefits of owning Xinhu Zhongbao security.