Jingjin Environmental (China) Probability of Future Stock Price Finishing Over 21.40
| 603279 Stock | 18.60 0.11 0.59% |
Jingjin |
Jingjin Environmental Target Price Odds to finish over 21.40
The tendency of Jingjin 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 21.40 or more in 90 days |
| 18.60 | 90 days | 21.40 | near 1 |
Based on a normal probability distribution, the odds of Jingjin Environmental to move over 21.40 or more in 90 days from now is near 1 (This Jingjin Environmental Protection probability density function shows the probability of Jingjin Stock to fall within a particular range of prices over 90 days) . Probability of Jingjin Environmental price to stay between its current price of 18.60 and 21.40 at the end of the 90-day period is about 44.31 .
Assuming the 90 days trading horizon Jingjin Environmental has a beta of 0.25. This suggests as returns on the market go up, Jingjin Environmental average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jingjin Environmental Protection will be expected to be much smaller as well. Additionally Jingjin Environmental Protection has an alpha of 0.0619, implying that it can generate a 0.0619 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jingjin Environmental Price Density |
| Price |
Predictive Modules for Jingjin Environmental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jingjin Environmental. 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.Jingjin Environmental Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jingjin Environmental is not an exception. The market had few large corrections towards the Jingjin Environmental'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 Jingjin Environmental Protection, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jingjin Environmental within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 1.17 | |
Ir | Information ratio | -0.009 |
Jingjin Environmental 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 Jingjin Environmental for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jingjin Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 49.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Jingjin Equipment Inc. Will Pay A CN0.66 Dividend In Two Days - Simply Wall St |
Jingjin Environmental 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 Jingjin Stock often depends not only on the future outlook of the current and potential Jingjin Environmental'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. Jingjin Environmental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 576.7 M |
Jingjin Environmental Technical Analysis
Jingjin Environmental's future price can be derived by breaking down and analyzing its technical indicators over time. Jingjin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jingjin Environmental Protection. In general, you should focus on analyzing Jingjin Stock price patterns and their correlations with different microeconomic environments and drivers.
Jingjin Environmental Predictive Forecast Models
Jingjin Environmental's time-series forecasting models is one of many Jingjin Environmental'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 Jingjin Environmental'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 Jingjin Environmental
Checking the ongoing alerts about Jingjin Environmental for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jingjin Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 49.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Jingjin Equipment Inc. Will Pay A CN0.66 Dividend In Two Days - Simply Wall St |
Other Information on Investing in Jingjin Stock
Jingjin Environmental financial ratios help investors to determine whether Jingjin 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 Jingjin with respect to the benefits of owning Jingjin Environmental security.