Nantong Jiangshan (China) Probability of Future Stock Price Finishing Under 15.4
| 600389 Stock | 15.84 0.54 3.53% |
Nantong |
Nantong Jiangshan Target Price Odds to finish below 15.4
The tendency of Nantong 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 15.40 or more in 90 days |
| 15.84 | 90 days | 15.40 | about 82.14 |
Based on a normal probability distribution, the odds of Nantong Jiangshan to drop to 15.40 or more in 90 days from now is about 82.14 (This Nantong Jiangshan Agrochemical probability density function shows the probability of Nantong Stock to fall within a particular range of prices over 90 days) . Probability of Nantong Jiangshan price to stay between 15.40 and its current price of 15.84 at the end of the 90-day period is about 8.67 .
Assuming the 90 days trading horizon Nantong Jiangshan Agrochemical has a beta of -0.4. This suggests as returns on the benchmark increase, returns on holding Nantong Jiangshan are expected to decrease at a much lower rate. During a bear market, however, Nantong Jiangshan Agrochemical is likely to outperform the market. Additionally Nantong Jiangshan Agrochemical has an alpha of 0.3473, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nantong Jiangshan Price Density |
| Price |
Predictive Modules for Nantong Jiangshan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nantong Jiangshan. 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.Nantong Jiangshan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nantong Jiangshan is not an exception. The market had few large corrections towards the Nantong Jiangshan'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 Nantong Jiangshan Agrochemical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nantong Jiangshan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | 0.07 |
Nantong Jiangshan 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 Nantong Jiangshan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nantong Jiangshan can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nantong Jiangshan is unlikely to experience financial distress in the next 2 years | |
| About 41.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: The three-year loss for Nantong Jiangshan Agrochemical ChemicalsLtd shareholders likely driven by its shrinking earnings - Simply Wall St |
Nantong Jiangshan 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 Nantong Stock often depends not only on the future outlook of the current and potential Nantong Jiangshan'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. Nantong Jiangshan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 443.5 M |
Nantong Jiangshan Technical Analysis
Nantong Jiangshan's future price can be derived by breaking down and analyzing its technical indicators over time. Nantong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nantong Jiangshan Agrochemical. In general, you should focus on analyzing Nantong Stock price patterns and their correlations with different microeconomic environments and drivers.
Nantong Jiangshan Predictive Forecast Models
Nantong Jiangshan's time-series forecasting models is one of many Nantong Jiangshan'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 Nantong Jiangshan'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 Nantong Jiangshan
Checking the ongoing alerts about Nantong Jiangshan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nantong Jiangshan help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nantong Jiangshan is unlikely to experience financial distress in the next 2 years | |
| About 41.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: The three-year loss for Nantong Jiangshan Agrochemical ChemicalsLtd shareholders likely driven by its shrinking earnings - Simply Wall St |
Other Information on Investing in Nantong Stock
Nantong Jiangshan financial ratios help investors to determine whether Nantong 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 Nantong with respect to the benefits of owning Nantong Jiangshan security.