Tsingtao Brewery (China) Probability of Future Stock Price Finishing Under 105.42
| 600600 Stock | 69.83 2.67 3.68% |
Tsingtao |
Tsingtao Brewery Target Price Odds to finish below 105.42
The tendency of Tsingtao 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 105.42 after 90 days |
| 69.83 | 90 days | 105.42 | close to 99 |
Based on a normal probability distribution, the odds of Tsingtao Brewery to stay under 105.42 after 90 days from now is close to 99 (This Tsingtao Brewery Co probability density function shows the probability of Tsingtao Stock to fall within a particular range of prices over 90 days) . Probability of Tsingtao Brewery price to stay between its current price of 69.83 and 105.42 at the end of the 90-day period is about 26.01 .
Assuming the 90 days trading horizon Tsingtao Brewery Co has a beta of -0.44. This suggests as returns on the benchmark increase, returns on holding Tsingtao Brewery are expected to decrease at a much lower rate. During a bear market, however, Tsingtao Brewery Co is likely to outperform the market. Additionally Tsingtao Brewery Co has an alpha of 0.2085, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tsingtao Brewery Price Density |
| Price |
Predictive Modules for Tsingtao Brewery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tsingtao Brewery. 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.Tsingtao Brewery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tsingtao Brewery is not an exception. The market had few large corrections towards the Tsingtao Brewery'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 Tsingtao Brewery Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tsingtao Brewery within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.44 | |
σ | Overall volatility | 6.92 | |
Ir | Information ratio | 0.01 |
Tsingtao Brewery 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 Tsingtao Brewery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tsingtao Brewery can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tsingtao Brewery had very high historical volatility over the last 90 days | |
| Tsingtao Brewery is unlikely to experience financial distress in the next 2 years | |
| About 57.0% of the company shares are owned by insiders or employees |
Tsingtao Brewery 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 Tsingtao Stock often depends not only on the future outlook of the current and potential Tsingtao Brewery'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. Tsingtao Brewery's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
Tsingtao Brewery Technical Analysis
Tsingtao Brewery's future price can be derived by breaking down and analyzing its technical indicators over time. Tsingtao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tsingtao Brewery Co. In general, you should focus on analyzing Tsingtao Stock price patterns and their correlations with different microeconomic environments and drivers.
Tsingtao Brewery Predictive Forecast Models
Tsingtao Brewery's time-series forecasting models is one of many Tsingtao Brewery'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 Tsingtao Brewery'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 Tsingtao Brewery
Checking the ongoing alerts about Tsingtao Brewery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tsingtao Brewery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tsingtao Brewery had very high historical volatility over the last 90 days | |
| Tsingtao Brewery is unlikely to experience financial distress in the next 2 years | |
| About 57.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Tsingtao Stock
Tsingtao Brewery financial ratios help investors to determine whether Tsingtao 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 Tsingtao with respect to the benefits of owning Tsingtao Brewery security.