Guizhou BroadcastingTV (China) Probability of Future Stock Price Finishing Under 6.55
| 600996 Stock | 9.58 0.06 0.63% |
Guizhou |
Guizhou BroadcastingTV Target Price Odds to finish below 6.55
The tendency of Guizhou 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 6.55 or more in 90 days |
| 9.58 | 90 days | 6.55 | roughly 2.63 |
Based on a normal probability distribution, the odds of Guizhou BroadcastingTV to drop to 6.55 or more in 90 days from now is roughly 2.63 (This Guizhou BroadcastingTV Info probability density function shows the probability of Guizhou Stock to fall within a particular range of prices over 90 days) . Probability of Guizhou BroadcastingTV price to stay between 6.55 and its current price of 9.58 at the end of the 90-day period is about 78.14 .
Assuming the 90 days trading horizon Guizhou BroadcastingTV Info has a beta of -0.32. This suggests as returns on the benchmark increase, returns on holding Guizhou BroadcastingTV are expected to decrease at a much lower rate. During a bear market, however, Guizhou BroadcastingTV Info is likely to outperform the market. Additionally Guizhou BroadcastingTV Info has an alpha of 0.3719, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Guizhou BroadcastingTV Price Density |
| Price |
Predictive Modules for Guizhou BroadcastingTV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guizhou BroadcastingTV. 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.Guizhou BroadcastingTV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guizhou BroadcastingTV is not an exception. The market had few large corrections towards the Guizhou BroadcastingTV'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 Guizhou BroadcastingTV Info, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guizhou BroadcastingTV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | 0.07 |
Guizhou BroadcastingTV 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 Guizhou BroadcastingTV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guizhou BroadcastingTV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guizhou BroadcastingTV had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.85 B. Net Loss for the year was (1.38 B) with profit before overhead, payroll, taxes, and interest of 358.28 M. | |
| About 58.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: High Growth Tech And 2 Other Promising Stocks With Potential To Enhance Your Portfolio - Simply Wall St |
Guizhou BroadcastingTV 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 Guizhou Stock often depends not only on the future outlook of the current and potential Guizhou BroadcastingTV'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. Guizhou BroadcastingTV's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
Guizhou BroadcastingTV Technical Analysis
Guizhou BroadcastingTV's future price can be derived by breaking down and analyzing its technical indicators over time. Guizhou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guizhou BroadcastingTV Info. In general, you should focus on analyzing Guizhou Stock price patterns and their correlations with different microeconomic environments and drivers.
Guizhou BroadcastingTV Predictive Forecast Models
Guizhou BroadcastingTV's time-series forecasting models is one of many Guizhou BroadcastingTV'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 Guizhou BroadcastingTV'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 Guizhou BroadcastingTV
Checking the ongoing alerts about Guizhou BroadcastingTV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guizhou BroadcastingTV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guizhou BroadcastingTV had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.85 B. Net Loss for the year was (1.38 B) with profit before overhead, payroll, taxes, and interest of 358.28 M. | |
| About 58.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: High Growth Tech And 2 Other Promising Stocks With Potential To Enhance Your Portfolio - Simply Wall St |
Other Information on Investing in Guizhou Stock
Guizhou BroadcastingTV financial ratios help investors to determine whether Guizhou 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 Guizhou with respect to the benefits of owning Guizhou BroadcastingTV security.