CSSC Offshore (China) Probability of Future Stock Price Finishing Under 19.53
| 600685 Stock | 24.25 0.01 0.04% |
CSSC |
CSSC Offshore Target Price Odds to finish below 19.53
The tendency of CSSC 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 19.53 or more in 90 days |
| 24.25 | 90 days | 19.53 | near 1 |
Based on a normal probability distribution, the odds of CSSC Offshore to drop to 19.53 or more in 90 days from now is near 1 (This CSSC Offshore Marine probability density function shows the probability of CSSC Stock to fall within a particular range of prices over 90 days) . Probability of CSSC Offshore Marine price to stay between 19.53 and its current price of 24.25 at the end of the 90-day period is about 11.38 .
Assuming the 90 days trading horizon CSSC Offshore Marine has a beta of -0.22. This suggests as returns on the benchmark increase, returns on holding CSSC Offshore are expected to decrease at a much lower rate. During a bear market, however, CSSC Offshore Marine is likely to outperform the market. Additionally CSSC Offshore Marine has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CSSC Offshore Price Density |
| Price |
Predictive Modules for CSSC Offshore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CSSC Offshore Marine. 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.CSSC Offshore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CSSC Offshore is not an exception. The market had few large corrections towards the CSSC Offshore'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 CSSC Offshore Marine, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CSSC Offshore within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | -0.1 |
CSSC Offshore 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 CSSC Offshore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CSSC Offshore Marine can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CSSC Offshore Marine generated a negative expected return over the last 90 days | |
| About 59.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: CSSC Offshore Marine Engineerings 2024 Extraordinary Meeting - TipRanks |
CSSC Offshore 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 CSSC Stock often depends not only on the future outlook of the current and potential CSSC Offshore'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. CSSC Offshore's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
CSSC Offshore Technical Analysis
CSSC Offshore's future price can be derived by breaking down and analyzing its technical indicators over time. CSSC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CSSC Offshore Marine. In general, you should focus on analyzing CSSC Stock price patterns and their correlations with different microeconomic environments and drivers.
CSSC Offshore Predictive Forecast Models
CSSC Offshore's time-series forecasting models is one of many CSSC Offshore'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 CSSC Offshore'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 CSSC Offshore Marine
Checking the ongoing alerts about CSSC Offshore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CSSC Offshore Marine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CSSC Offshore Marine generated a negative expected return over the last 90 days | |
| About 59.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: CSSC Offshore Marine Engineerings 2024 Extraordinary Meeting - TipRanks |
Other Information on Investing in CSSC Stock
CSSC Offshore financial ratios help investors to determine whether CSSC 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 CSSC with respect to the benefits of owning CSSC Offshore security.