Metro Investment (China) Probability of Future Stock Price Finishing Under 4.49
| 600683 Stock | 4.36 0.10 2.35% |
Metro |
Metro Investment Target Price Odds to finish below 4.49
The tendency of Metro 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 4.49 after 90 days |
| 4.36 | 90 days | 4.49 | about 78.84 |
Based on a normal probability distribution, the odds of Metro Investment to stay under 4.49 after 90 days from now is about 78.84 (This Metro Investment Development probability density function shows the probability of Metro Stock to fall within a particular range of prices over 90 days) . Probability of Metro Investment Dev price to stay between its current price of 4.36 and 4.49 at the end of the 90-day period is about 9.03 .
Assuming the 90 days trading horizon Metro Investment Development has a beta of -0.16. This suggests as returns on the benchmark increase, returns on holding Metro Investment are expected to decrease at a much lower rate. During a bear market, however, Metro Investment Development is likely to outperform the market. Additionally Metro Investment Development has an alpha of 0.332, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Metro Investment Price Density |
| Price |
Predictive Modules for Metro Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Metro Investment Dev. 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.Metro Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Metro Investment is not an exception. The market had few large corrections towards the Metro Investment'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 Metro Investment Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Metro Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | 0.06 |
Metro Investment 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 Metro Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Metro Investment Dev can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Metro Investment Dev appears to be risky and price may revert if volatility continues | |
| Metro Investment Dev has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 10.64 B. Net Loss for the year was (659.23 M) with profit before overhead, payroll, taxes, and interest of 1.09 B. | |
| Metro Investment generates negative cash flow from operations | |
| About 60.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: IT Stock in Focus after securing contract from Chennai Metro for Automated Fare Collection - Trade Brains |
Metro Investment 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 Metro Stock often depends not only on the future outlook of the current and potential Metro Investment'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. Metro Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 740.8 M |
Metro Investment Technical Analysis
Metro Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Metro Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Metro Investment Development. In general, you should focus on analyzing Metro Stock price patterns and their correlations with different microeconomic environments and drivers.
Metro Investment Predictive Forecast Models
Metro Investment's time-series forecasting models is one of many Metro Investment'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 Metro Investment'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 Metro Investment Dev
Checking the ongoing alerts about Metro Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Metro Investment Dev help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Metro Investment Dev appears to be risky and price may revert if volatility continues | |
| Metro Investment Dev has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 10.64 B. Net Loss for the year was (659.23 M) with profit before overhead, payroll, taxes, and interest of 1.09 B. | |
| Metro Investment generates negative cash flow from operations | |
| About 60.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: IT Stock in Focus after securing contract from Chennai Metro for Automated Fare Collection - Trade Brains |
Other Information on Investing in Metro Stock
Metro Investment financial ratios help investors to determine whether Metro 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 Metro with respect to the benefits of owning Metro Investment security.