Fushun Special (China) Probability of Future Stock Price Finishing Under 5.3
| 600399 Stock | 6.46 0.06 0.92% |
Fushun |
Fushun Special Target Price Odds to finish below 5.3
The tendency of Fushun 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 5.30 or more in 90 days |
| 6.46 | 90 days | 5.30 | about 18.25 |
Based on a normal probability distribution, the odds of Fushun Special to drop to 5.30 or more in 90 days from now is about 18.25 (This Fushun Special Steel probability density function shows the probability of Fushun Stock to fall within a particular range of prices over 90 days) . Probability of Fushun Special Steel price to stay between 5.30 and its current price of 6.46 at the end of the 90-day period is about 45.13 .
Assuming the 90 days trading horizon Fushun Special has a beta of 0.13. This suggests as returns on the market go up, Fushun Special average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fushun Special Steel will be expected to be much smaller as well. Additionally Fushun Special Steel has an alpha of 0.3896, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fushun Special Price Density |
| Price |
Predictive Modules for Fushun Special
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fushun Special Steel. 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.Fushun Special Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fushun Special is not an exception. The market had few large corrections towards the Fushun Special'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 Fushun Special Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fushun Special within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.93 | |
Ir | Information ratio | 0.08 |
Fushun Special 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 Fushun Special for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fushun Special Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fushun Special Steel appears to be risky and price may revert if volatility continues | |
| About 29.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Pulling back 9.8 percent this week, Fushun Special SteelLTDs SHSE600399 five-year decline in earnings may be coming into investors focus - Simply Wall St |
Fushun Special 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 Fushun Stock often depends not only on the future outlook of the current and potential Fushun Special'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. Fushun Special's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2 B |
Fushun Special Technical Analysis
Fushun Special's future price can be derived by breaking down and analyzing its technical indicators over time. Fushun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fushun Special Steel. In general, you should focus on analyzing Fushun Stock price patterns and their correlations with different microeconomic environments and drivers.
Fushun Special Predictive Forecast Models
Fushun Special's time-series forecasting models is one of many Fushun Special'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 Fushun Special'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 Fushun Special Steel
Checking the ongoing alerts about Fushun Special for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fushun Special Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fushun Special Steel appears to be risky and price may revert if volatility continues | |
| About 29.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Pulling back 9.8 percent this week, Fushun Special SteelLTDs SHSE600399 five-year decline in earnings may be coming into investors focus - Simply Wall St |
Other Information on Investing in Fushun Stock
Fushun Special financial ratios help investors to determine whether Fushun 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 Fushun with respect to the benefits of owning Fushun Special security.