Yonghui Superstores (China) Probability of Future Stock Price Finishing Under 4.54
| 601933 Stock | 4.23 0.28 6.21% |
Yonghui |
Yonghui Superstores Target Price Odds to finish below 4.54
The tendency of Yonghui 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 4.54 after 90 days |
| 4.23 | 90 days | 4.54 | about 87.82 |
Based on a normal probability distribution, the odds of Yonghui Superstores to stay under 4.54 after 90 days from now is about 87.82 (This Yonghui Superstores Co probability density function shows the probability of Yonghui Stock to fall within a particular range of prices over 90 days) . Probability of Yonghui Superstores price to stay between its current price of 4.23 and 4.54 at the end of the 90-day period is about 6.85 .
Assuming the 90 days trading horizon Yonghui Superstores Co has a beta of -1.64. This suggests as returns on its benchmark rise, returns on holding Yonghui Superstores Co are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Yonghui Superstores is expected to outperform its benchmark. Moreover Yonghui Superstores Co has an alpha of 1.2217, implying that it can generate a 1.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yonghui Superstores Price Density |
| Price |
Predictive Modules for Yonghui Superstores
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yonghui Superstores. 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.Yonghui Superstores Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yonghui Superstores is not an exception. The market had few large corrections towards the Yonghui Superstores' 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 Yonghui Superstores Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yonghui Superstores within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.22 | |
β | Beta against Dow Jones | -1.64 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | 0.17 |
Yonghui Superstores 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 Yonghui Superstores for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yonghui Superstores can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yonghui Superstores is way too risky over 90 days horizon | |
| Yonghui Superstores appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 78.64 B. Net Loss for the year was (1.33 B) with profit before overhead, payroll, taxes, and interest of 17.37 B. | |
| About 53.0% of the company shares are owned by insiders or employees |
Yonghui Superstores 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 Yonghui Stock often depends not only on the future outlook of the current and potential Yonghui Superstores' 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. Yonghui Superstores' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.1 B | |
| Dividends Paid | 181.9 M |
Yonghui Superstores Technical Analysis
Yonghui Superstores' future price can be derived by breaking down and analyzing its technical indicators over time. Yonghui Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yonghui Superstores Co. In general, you should focus on analyzing Yonghui Stock price patterns and their correlations with different microeconomic environments and drivers.
Yonghui Superstores Predictive Forecast Models
Yonghui Superstores' time-series forecasting models is one of many Yonghui Superstores' 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 Yonghui Superstores' 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 Yonghui Superstores
Checking the ongoing alerts about Yonghui Superstores for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yonghui Superstores help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yonghui Superstores is way too risky over 90 days horizon | |
| Yonghui Superstores appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 78.64 B. Net Loss for the year was (1.33 B) with profit before overhead, payroll, taxes, and interest of 17.37 B. | |
| About 53.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Yonghui Stock
Yonghui Superstores financial ratios help investors to determine whether Yonghui 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 Yonghui with respect to the benefits of owning Yonghui Superstores security.