Bank of Jiangsu (China) Probability of Future Stock Price Finishing Over 13.50
| 600919 Stock | 8.92 0.02 0.22% |
Bank |
Bank of Jiangsu Target Price Odds to finish over 13.50
The tendency of Bank 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 move over 13.50 or more in 90 days |
| 8.92 | 90 days | 13.50 | near 1 |
Based on a normal probability distribution, the odds of Bank of Jiangsu to move over 13.50 or more in 90 days from now is near 1 (This Bank of Jiangsu probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) . Probability of Bank of Jiangsu price to stay between its current price of 8.92 and 13.50 at the end of the 90-day period is about 23.83 .
Assuming the 90 days trading horizon Bank of Jiangsu has a beta of 0.22. This suggests as returns on the market go up, Bank of Jiangsu average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bank of Jiangsu will be expected to be much smaller as well. Additionally Bank of Jiangsu has an alpha of 0.1273, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bank of Jiangsu Price Density |
| Price |
Predictive Modules for Bank of Jiangsu
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of Jiangsu. 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.Bank of Jiangsu Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of Jiangsu is not an exception. The market had few large corrections towards the Bank of Jiangsu'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 Bank of Jiangsu, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of Jiangsu within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | 0.02 |
Bank of Jiangsu 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 Bank of Jiangsu for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of Jiangsu can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 25.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Three Prominent Dividend Stocks To Consider - Simply Wall St |
Bank of Jiangsu 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 Bank Stock often depends not only on the future outlook of the current and potential Bank of Jiangsu'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. Bank of Jiangsu's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.4 B |
Bank of Jiangsu Technical Analysis
Bank of Jiangsu's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of Jiangsu. In general, you should focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environments and drivers.
Bank of Jiangsu Predictive Forecast Models
Bank of Jiangsu's time-series forecasting models is one of many Bank of Jiangsu'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 Bank of Jiangsu'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 Bank of Jiangsu
Checking the ongoing alerts about Bank of Jiangsu for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of Jiangsu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 25.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Three Prominent Dividend Stocks To Consider - Simply Wall St |
Other Information on Investing in Bank Stock
Bank of Jiangsu financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of Jiangsu security.