Tibet Summit (China) Probability of Future Stock Price Finishing Over 15.12
| 600338 Stock | 11.70 0.27 2.26% |
Tibet |
Tibet Summit Target Price Odds to finish over 15.12
The tendency of Tibet 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 move over 15.12 or more in 90 days |
| 11.70 | 90 days | 15.12 | near 1 |
Based on a normal probability distribution, the odds of Tibet Summit to move over 15.12 or more in 90 days from now is near 1 (This Tibet Summit Resources probability density function shows the probability of Tibet Stock to fall within a particular range of prices over 90 days) . Probability of Tibet Summit Resources price to stay between its current price of 11.70 and 15.12 at the end of the 90-day period is about 18.9 .
Assuming the 90 days trading horizon Tibet Summit Resources has a beta of -0.83. This suggests as returns on the benchmark increase, returns on holding Tibet Summit are expected to decrease at a much lower rate. During a bear market, however, Tibet Summit Resources is likely to outperform the market. Additionally Tibet Summit Resources has an alpha of 0.5334, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tibet Summit Price Density |
| Price |
Predictive Modules for Tibet Summit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tibet Summit Resources. 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.Tibet Summit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tibet Summit is not an exception. The market had few large corrections towards the Tibet Summit'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 Tibet Summit Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tibet Summit within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | -0.83 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | 0.11 |
Tibet Summit 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 Tibet Summit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tibet Summit Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tibet Summit had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.47 B. Net Loss for the year was (215.35 M) with profit before overhead, payroll, taxes, and interest of 1.42 B. | |
| About 15.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Intuit Inc Quote - Press Release - The Globe and Mail |
Tibet Summit 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 Tibet Stock often depends not only on the future outlook of the current and potential Tibet Summit'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. Tibet Summit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 914.2 M | |
| Dividends Paid | 7 M | |
| Shares Float | 804.1 M |
Tibet Summit Technical Analysis
Tibet Summit's future price can be derived by breaking down and analyzing its technical indicators over time. Tibet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tibet Summit Resources. In general, you should focus on analyzing Tibet Stock price patterns and their correlations with different microeconomic environments and drivers.
Tibet Summit Predictive Forecast Models
Tibet Summit's time-series forecasting models is one of many Tibet Summit'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 Tibet Summit'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 Tibet Summit Resources
Checking the ongoing alerts about Tibet Summit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tibet Summit Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tibet Summit had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.47 B. Net Loss for the year was (215.35 M) with profit before overhead, payroll, taxes, and interest of 1.42 B. | |
| About 15.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Intuit Inc Quote - Press Release - The Globe and Mail |
Other Information on Investing in Tibet Stock
Tibet Summit financial ratios help investors to determine whether Tibet 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 Tibet with respect to the benefits of owning Tibet Summit security.