Sinomach General (China) Probability of Future Stock Price Finishing Over 19.98
| 600444 Stock | 16.06 0.61 3.66% |
Sinomach |
Sinomach General Target Price Odds to finish over 19.98
The tendency of Sinomach 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 19.98 or more in 90 days |
| 16.06 | 90 days | 19.98 | near 1 |
Based on a normal probability distribution, the odds of Sinomach General to move over 19.98 or more in 90 days from now is near 1 (This Sinomach General Machinery probability density function shows the probability of Sinomach Stock to fall within a particular range of prices over 90 days) . Probability of Sinomach General Mac price to stay between its current price of 16.06 and 19.98 at the end of the 90-day period is about 15.62 .
Assuming the 90 days trading horizon Sinomach General Machinery has a beta of -0.27. This suggests as returns on the benchmark increase, returns on holding Sinomach General are expected to decrease at a much lower rate. During a bear market, however, Sinomach General Machinery is likely to outperform the market. Additionally Sinomach General Machinery has an alpha of 0.483, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sinomach General Price Density |
| Price |
Predictive Modules for Sinomach General
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sinomach General Mac. 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.Sinomach General Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sinomach General is not an exception. The market had few large corrections towards the Sinomach General'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 Sinomach General Machinery, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sinomach General within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | -0.27 | |
σ | Overall volatility | 2.30 | |
Ir | Information ratio | 0.09 |
Sinomach General 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 Sinomach General for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sinomach General Mac can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sinomach General Mac appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company shares are owned by insiders or employees |
Sinomach General 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 Sinomach Stock often depends not only on the future outlook of the current and potential Sinomach General'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. Sinomach General's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 146.4 M | |
| Dividends Paid | 19 M |
Sinomach General Technical Analysis
Sinomach General's future price can be derived by breaking down and analyzing its technical indicators over time. Sinomach Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sinomach General Machinery. In general, you should focus on analyzing Sinomach Stock price patterns and their correlations with different microeconomic environments and drivers.
Sinomach General Predictive Forecast Models
Sinomach General's time-series forecasting models is one of many Sinomach General'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 Sinomach General'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 Sinomach General Mac
Checking the ongoing alerts about Sinomach General for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sinomach General Mac help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sinomach General Mac appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Sinomach Stock
Sinomach General financial ratios help investors to determine whether Sinomach 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 Sinomach with respect to the benefits of owning Sinomach General security.