Jiangxi Lianchuang (China) Probability of Future Stock Price Finishing Under 42.29
| 600363 Stock | 46.67 0.91 1.99% |
Jiangxi |
Jiangxi Lianchuang Target Price Odds to finish below 42.29
The tendency of Jiangxi 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 42.29 or more in 90 days |
| 46.67 | 90 days | 42.29 | about 60.26 |
Based on a normal probability distribution, the odds of Jiangxi Lianchuang to drop to 42.29 or more in 90 days from now is about 60.26 (This Jiangxi Lianchuang Opto electronic probability density function shows the probability of Jiangxi Stock to fall within a particular range of prices over 90 days) . Probability of Jiangxi Lianchuang Opto price to stay between 42.29 and its current price of 46.67 at the end of the 90-day period is about 14.09 .
Assuming the 90 days trading horizon Jiangxi Lianchuang Opto electronic has a beta of -1.26. This suggests as returns on its benchmark rise, returns on holding Jiangxi Lianchuang Opto electronic are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Jiangxi Lianchuang is expected to outperform its benchmark. Moreover Jiangxi Lianchuang Opto electronic has an alpha of 1.126, implying that it can generate a 1.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jiangxi Lianchuang Price Density |
| Price |
Predictive Modules for Jiangxi Lianchuang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jiangxi Lianchuang Opto. 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.Jiangxi Lianchuang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jiangxi Lianchuang is not an exception. The market had few large corrections towards the Jiangxi Lianchuang'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 Jiangxi Lianchuang Opto electronic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jiangxi Lianchuang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.13 | |
β | Beta against Dow Jones | -1.26 | |
σ | Overall volatility | 11.10 | |
Ir | Information ratio | 0.21 |
Jiangxi Lianchuang 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 Jiangxi Lianchuang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jiangxi Lianchuang Opto can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jiangxi Lianchuang is way too risky over 90 days horizon | |
| Jiangxi Lianchuang appears to be risky and price may revert if volatility continues | |
| Jiangxi Lianchuang is unlikely to experience financial distress in the next 2 years | |
| About 29.0% of the company shares are owned by insiders or employees |
Jiangxi Lianchuang 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 Jiangxi Stock often depends not only on the future outlook of the current and potential Jiangxi Lianchuang'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. Jiangxi Lianchuang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 455.2 M |
Jiangxi Lianchuang Technical Analysis
Jiangxi Lianchuang's future price can be derived by breaking down and analyzing its technical indicators over time. Jiangxi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jiangxi Lianchuang Opto electronic. In general, you should focus on analyzing Jiangxi Stock price patterns and their correlations with different microeconomic environments and drivers.
Jiangxi Lianchuang Predictive Forecast Models
Jiangxi Lianchuang's time-series forecasting models is one of many Jiangxi Lianchuang'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 Jiangxi Lianchuang'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 Jiangxi Lianchuang Opto
Checking the ongoing alerts about Jiangxi Lianchuang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jiangxi Lianchuang Opto help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jiangxi Lianchuang is way too risky over 90 days horizon | |
| Jiangxi Lianchuang appears to be risky and price may revert if volatility continues | |
| Jiangxi Lianchuang is unlikely to experience financial distress in the next 2 years | |
| About 29.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Jiangxi Stock
Jiangxi Lianchuang financial ratios help investors to determine whether Jiangxi 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 Jiangxi with respect to the benefits of owning Jiangxi Lianchuang security.