Shanghai Electric (China) Probability of Future Stock Price Finishing Under 4.22
| 601727 Stock | 8.49 0.35 3.96% |
Shanghai |
Shanghai Electric Target Price Odds to finish below 4.22
The tendency of Shanghai 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 4.22 or more in 90 days |
| 8.49 | 90 days | 4.22 | about 24.54 |
Based on a normal probability distribution, the odds of Shanghai Electric to drop to 4.22 or more in 90 days from now is about 24.54 (This Shanghai Electric Group probability density function shows the probability of Shanghai Stock to fall within a particular range of prices over 90 days) . Probability of Shanghai Electric price to stay between 4.22 and its current price of 8.49 at the end of the 90-day period is about 56.06 .
Assuming the 90 days trading horizon Shanghai Electric Group has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding Shanghai Electric are expected to decrease at a much lower rate. During a bear market, however, Shanghai Electric Group is likely to outperform the market. Moreover Shanghai Electric Group has an alpha of 1.4324, implying that it can generate a 1.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shanghai Electric Price Density |
| Price |
Predictive Modules for Shanghai Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shanghai Electric. 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.Shanghai Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shanghai Electric is not an exception. The market had few large corrections towards the Shanghai Electric'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 Shanghai Electric Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shanghai Electric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.43 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 2.75 | |
Ir | Information ratio | 0.24 |
Shanghai Electric 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 Shanghai Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shanghai Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shanghai Electric is way too risky over 90 days horizon | |
| Shanghai Electric appears to be risky and price may revert if volatility continues | |
| About 71.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shanghai Electric Secures Shareholder Approval for Key Resolutions - TipRanks |
Shanghai Electric 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 Shanghai Stock often depends not only on the future outlook of the current and potential Shanghai Electric'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. Shanghai Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.6 B |
Shanghai Electric Technical Analysis
Shanghai Electric's future price can be derived by breaking down and analyzing its technical indicators over time. Shanghai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shanghai Electric Group. In general, you should focus on analyzing Shanghai Stock price patterns and their correlations with different microeconomic environments and drivers.
Shanghai Electric Predictive Forecast Models
Shanghai Electric's time-series forecasting models is one of many Shanghai Electric'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 Shanghai Electric'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 Shanghai Electric
Checking the ongoing alerts about Shanghai Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shanghai Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shanghai Electric is way too risky over 90 days horizon | |
| Shanghai Electric appears to be risky and price may revert if volatility continues | |
| About 71.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shanghai Electric Secures Shareholder Approval for Key Resolutions - TipRanks |
Other Information on Investing in Shanghai Stock
Shanghai Electric financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Electric security.