Fuda Alloy (China) Probability of Future Stock Price Finishing Over 15.77
| 603045 Stock | 13.41 0.54 4.20% |
Fuda |
Fuda Alloy Target Price Odds to finish over 15.77
The tendency of Fuda 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 15.77 or more in 90 days |
| 13.41 | 90 days | 15.77 | near 1 |
Based on a normal probability distribution, the odds of Fuda Alloy to move over 15.77 or more in 90 days from now is near 1 (This Fuda Alloy Materials probability density function shows the probability of Fuda Stock to fall within a particular range of prices over 90 days) . Probability of Fuda Alloy Materials price to stay between its current price of 13.41 and 15.77 at the end of the 90-day period is about 7.19 .
Assuming the 90 days trading horizon Fuda Alloy Materials has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding Fuda Alloy are expected to decrease at a much lower rate. During a bear market, however, Fuda Alloy Materials is likely to outperform the market. Additionally Fuda Alloy Materials has an alpha of 0.5368, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fuda Alloy Price Density |
| Price |
Predictive Modules for Fuda Alloy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fuda Alloy Materials. 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.Fuda Alloy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fuda Alloy is not an exception. The market had few large corrections towards the Fuda Alloy'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 Fuda Alloy Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fuda Alloy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | 0.13 |
Fuda Alloy 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 Fuda Alloy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fuda Alloy Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fuda Alloy Materials appears to be risky and price may revert if volatility continues | |
| Fuda Alloy generates negative cash flow from operations | |
| About 36.0% of the company shares are owned by insiders or employees |
Fuda Alloy 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 Fuda Stock often depends not only on the future outlook of the current and potential Fuda Alloy'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. Fuda Alloy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.4 M | |
| Dividends Paid | 50.4 M | |
| Shares Float | 92.6 M |
Fuda Alloy Technical Analysis
Fuda Alloy's future price can be derived by breaking down and analyzing its technical indicators over time. Fuda Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fuda Alloy Materials. In general, you should focus on analyzing Fuda Stock price patterns and their correlations with different microeconomic environments and drivers.
Fuda Alloy Predictive Forecast Models
Fuda Alloy's time-series forecasting models is one of many Fuda Alloy'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 Fuda Alloy'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 Fuda Alloy Materials
Checking the ongoing alerts about Fuda Alloy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fuda Alloy Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fuda Alloy Materials appears to be risky and price may revert if volatility continues | |
| Fuda Alloy generates negative cash flow from operations | |
| About 36.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Fuda Stock
Fuda Alloy financial ratios help investors to determine whether Fuda 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 Fuda with respect to the benefits of owning Fuda Alloy security.