Changshu Automotive (China) Probability of Future Stock Price Finishing Under 15.26
| 603035 Stock | 14.85 0.08 0.54% |
Changshu |
Changshu Automotive Target Price Odds to finish below 15.26
The tendency of Changshu 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 15.26 after 90 days |
| 14.85 | 90 days | 15.26 | about 87.77 |
Based on a normal probability distribution, the odds of Changshu Automotive to stay under 15.26 after 90 days from now is about 87.77 (This Changshu Automotive Trim probability density function shows the probability of Changshu Stock to fall within a particular range of prices over 90 days) . Probability of Changshu Automotive Trim price to stay between its current price of 14.85 and 15.26 at the end of the 90-day period is about 10.16 .
Assuming the 90 days trading horizon Changshu Automotive Trim has a beta of -0.0025. This suggests as returns on the benchmark increase, returns on holding Changshu Automotive are expected to decrease at a much lower rate. During a bear market, however, Changshu Automotive Trim is likely to outperform the market. Additionally Changshu Automotive Trim has an alpha of 0.2875, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Changshu Automotive Price Density |
| Price |
Predictive Modules for Changshu Automotive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Changshu Automotive Trim. 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.Changshu Automotive Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Changshu Automotive is not an exception. The market had few large corrections towards the Changshu Automotive'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 Changshu Automotive Trim, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Changshu Automotive within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -0.0025 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | 0.06 |
Changshu Automotive 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 Changshu Automotive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Changshu Automotive Trim can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Changshu Automotive generates negative cash flow from operations | |
| About 31.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Jiangsu Changshu Automotive Trim Group Co., Ltd. announces an Equity Buyback for CNY 300 million worth of its shares. - Marketscreener.com |
Changshu Automotive 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 Changshu Stock often depends not only on the future outlook of the current and potential Changshu Automotive'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. Changshu Automotive's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 380 M |
Changshu Automotive Technical Analysis
Changshu Automotive's future price can be derived by breaking down and analyzing its technical indicators over time. Changshu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Changshu Automotive Trim. In general, you should focus on analyzing Changshu Stock price patterns and their correlations with different microeconomic environments and drivers.
Changshu Automotive Predictive Forecast Models
Changshu Automotive's time-series forecasting models is one of many Changshu Automotive'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 Changshu Automotive'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 Changshu Automotive Trim
Checking the ongoing alerts about Changshu Automotive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Changshu Automotive Trim help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Changshu Automotive generates negative cash flow from operations | |
| About 31.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Jiangsu Changshu Automotive Trim Group Co., Ltd. announces an Equity Buyback for CNY 300 million worth of its shares. - Marketscreener.com |
Other Information on Investing in Changshu Stock
Changshu Automotive financial ratios help investors to determine whether Changshu 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 Changshu with respect to the benefits of owning Changshu Automotive security.