Zhongzhu Medical (China) Probability of Future Stock Price Finishing Under 1.22
| 600568 Stock | 1.57 0.01 0.64% |
Zhongzhu |
Zhongzhu Medical Target Price Odds to finish below 1.22
The tendency of Zhongzhu 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 1.22 or more in 90 days |
| 1.57 | 90 days | 1.22 | about 13.85 |
Based on a normal probability distribution, the odds of Zhongzhu Medical to drop to 1.22 or more in 90 days from now is about 13.85 (This Zhongzhu Medical Holdings probability density function shows the probability of Zhongzhu Stock to fall within a particular range of prices over 90 days) . Probability of Zhongzhu Medical Holdings price to stay between 1.22 and its current price of 1.57 at the end of the 90-day period is about 82.73 .
Assuming the 90 days trading horizon Zhongzhu Medical has a beta of 0.0478. This suggests as returns on the market go up, Zhongzhu Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zhongzhu Medical Holdings will be expected to be much smaller as well. Additionally Zhongzhu Medical Holdings has an alpha of 0.3007, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhongzhu Medical Price Density |
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Predictive Modules for Zhongzhu Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhongzhu Medical Holdings. 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.Zhongzhu Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhongzhu Medical is not an exception. The market had few large corrections towards the Zhongzhu Medical'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 Zhongzhu Medical Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhongzhu Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.08 |
Zhongzhu Medical 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 Zhongzhu Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhongzhu Medical Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhongzhu Medical may become a speculative penny stock | |
| Zhongzhu Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 638.56 M. Net Loss for the year was (343.94 M) with profit before overhead, payroll, taxes, and interest of 110.29 M. | |
| About 58.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Small Wonders 3 Penny Stocks With Market Caps Over US500M - Simply Wall St |
Zhongzhu Medical 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 Zhongzhu Stock often depends not only on the future outlook of the current and potential Zhongzhu Medical'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. Zhongzhu Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2 B | |
| Dividends Paid | 103 K | |
| Shares Float | 809.5 M |
Zhongzhu Medical Technical Analysis
Zhongzhu Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Zhongzhu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhongzhu Medical Holdings. In general, you should focus on analyzing Zhongzhu Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhongzhu Medical Predictive Forecast Models
Zhongzhu Medical's time-series forecasting models is one of many Zhongzhu Medical'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 Zhongzhu Medical'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 Zhongzhu Medical Holdings
Checking the ongoing alerts about Zhongzhu Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhongzhu Medical Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhongzhu Medical may become a speculative penny stock | |
| Zhongzhu Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 638.56 M. Net Loss for the year was (343.94 M) with profit before overhead, payroll, taxes, and interest of 110.29 M. | |
| About 58.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Small Wonders 3 Penny Stocks With Market Caps Over US500M - Simply Wall St |
Other Information on Investing in Zhongzhu Stock
Zhongzhu Medical financial ratios help investors to determine whether Zhongzhu 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 Zhongzhu with respect to the benefits of owning Zhongzhu Medical security.