Anyang Iron (China) Probability of Future Stock Price Finishing Under 2.21
| 600569 Stock | 2.05 0.03 1.44% |
Anyang |
Anyang Iron Target Price Odds to finish below 2.21
The tendency of Anyang 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 stay under 2.21 after 90 days |
| 2.05 | 90 days | 2.21 | roughly 96.0 |
Based on a normal probability distribution, the odds of Anyang Iron to stay under 2.21 after 90 days from now is roughly 96.0 (This Anyang Iron Steel probability density function shows the probability of Anyang Stock to fall within a particular range of prices over 90 days) . Probability of Anyang Iron Steel price to stay between its current price of 2.05 and 2.21 at the end of the 90-day period is about 8.12 .
Assuming the 90 days trading horizon Anyang Iron Steel has a beta of -1.33. This suggests as returns on its benchmark rise, returns on holding Anyang Iron Steel are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Anyang Iron is expected to outperform its benchmark. Additionally Anyang Iron Steel has an alpha of 0.7957, implying that it can generate a 0.8 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Anyang Iron Price Density |
| Price |
Predictive Modules for Anyang Iron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anyang Iron 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.Anyang Iron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Anyang Iron is not an exception. The market had few large corrections towards the Anyang Iron'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 Anyang Iron Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Anyang Iron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.80 | |
β | Beta against Dow Jones | -1.33 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | 0.15 |
Anyang Iron 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 Anyang Iron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Anyang Iron 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.| Anyang Iron Steel appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 42.15 B. Net Loss for the year was (1.55 B) with loss before overhead, payroll, taxes, and interest of (292.68 M). | |
| About 69.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is Anyang Iron and SteelLtd Using Debt Sensibly - Simply Wall St |
Anyang Iron 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 Anyang Stock often depends not only on the future outlook of the current and potential Anyang Iron'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. Anyang Iron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.9 B |
Anyang Iron Technical Analysis
Anyang Iron's future price can be derived by breaking down and analyzing its technical indicators over time. Anyang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Anyang Iron Steel. In general, you should focus on analyzing Anyang Stock price patterns and their correlations with different microeconomic environments and drivers.
Anyang Iron Predictive Forecast Models
Anyang Iron's time-series forecasting models is one of many Anyang Iron'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 Anyang Iron'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 Anyang Iron Steel
Checking the ongoing alerts about Anyang Iron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Anyang Iron Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Anyang Iron Steel appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 42.15 B. Net Loss for the year was (1.55 B) with loss before overhead, payroll, taxes, and interest of (292.68 M). | |
| About 69.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is Anyang Iron and SteelLtd Using Debt Sensibly - Simply Wall St |
Other Information on Investing in Anyang Stock
Anyang Iron financial ratios help investors to determine whether Anyang 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 Anyang with respect to the benefits of owning Anyang Iron security.