G-bits Network (China) Probability of Future Stock Price Finishing Under 196.27
| 603444 Stock | 206.49 1.49 0.73% |
G-bits |
G-bits Network Target Price Odds to finish below 196.27
The tendency of G-bits 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 196.27 or more in 90 days |
| 206.49 | 90 days | 196.27 | about 27.24 |
Based on a normal probability distribution, the odds of G-bits Network to drop to 196.27 or more in 90 days from now is about 27.24 (This G bits Network Technology probability density function shows the probability of G-bits Stock to fall within a particular range of prices over 90 days) . Probability of G bits Network price to stay between 196.27 and its current price of 206.49 at the end of the 90-day period is about 20.78 .
Assuming the 90 days trading horizon G-bits Network has a beta of 0.46. This suggests as returns on the market go up, G-bits Network average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding G bits Network Technology will be expected to be much smaller as well. Additionally G bits Network Technology has an alpha of 0.2032, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). G-bits Network Price Density |
| Price |
Predictive Modules for G-bits Network
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as G bits Network. 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.G-bits Network Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. G-bits Network is not an exception. The market had few large corrections towards the G-bits Network'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 G bits Network Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of G-bits Network within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 18.40 | |
Ir | Information ratio | 0.04 |
G-bits Network 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 G-bits Network for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for G bits Network can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| G bits Network had very high historical volatility over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: 3 Leading Dividend Stocks With Up To 5.8 percent Yield - Simply Wall St |
G-bits Network 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 G-bits Stock often depends not only on the future outlook of the current and potential G-bits Network'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. G-bits Network's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72 M | |
| Dividends Paid | -729.2 M | |
| Shares Float | 39.4 M |
G-bits Network Technical Analysis
G-bits Network's future price can be derived by breaking down and analyzing its technical indicators over time. G-bits Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of G bits Network Technology. In general, you should focus on analyzing G-bits Stock price patterns and their correlations with different microeconomic environments and drivers.
G-bits Network Predictive Forecast Models
G-bits Network's time-series forecasting models is one of many G-bits Network'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 G-bits Network'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 G bits Network
Checking the ongoing alerts about G-bits Network for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for G bits Network help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| G bits Network had very high historical volatility over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: 3 Leading Dividend Stocks With Up To 5.8 percent Yield - Simply Wall St |
Other Information on Investing in G-bits Stock
G-bits Network financial ratios help investors to determine whether G-bits 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 G-bits with respect to the benefits of owning G-bits Network security.