Zhongtong Guomai (China) Probability of Future Stock Price Finishing Under 8.92
| 603559 Stock | 11.21 0.05 0.45% |
Zhongtong |
Zhongtong Guomai Target Price Odds to finish below 8.92
The tendency of Zhongtong 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 8.92 or more in 90 days |
| 11.21 | 90 days | 8.92 | about 45.55 |
Based on a normal probability distribution, the odds of Zhongtong Guomai to drop to 8.92 or more in 90 days from now is about 45.55 (This Zhongtong Guomai Communication probability density function shows the probability of Zhongtong Stock to fall within a particular range of prices over 90 days) . Probability of Zhongtong Guomai Com price to stay between 8.92 and its current price of 11.21 at the end of the 90-day period is about 32.84 .
Assuming the 90 days trading horizon Zhongtong Guomai Communication has a beta of -1.08. This suggests Moreover Zhongtong Guomai Communication has an alpha of 1.3122, implying that it can generate a 1.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhongtong Guomai Price Density |
| Price |
Predictive Modules for Zhongtong Guomai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhongtong Guomai Com. 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.Zhongtong Guomai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhongtong Guomai is not an exception. The market had few large corrections towards the Zhongtong Guomai'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 Zhongtong Guomai Communication, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhongtong Guomai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.31 | |
β | Beta against Dow Jones | -1.08 | |
σ | Overall volatility | 2.55 | |
Ir | Information ratio | 0.26 |
Zhongtong Guomai 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 Zhongtong Guomai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhongtong Guomai Com can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhongtong Guomai Com appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 309.22 M. Net Loss for the year was (242.22 M) with profit before overhead, payroll, taxes, and interest of 57.26 M. | |
| Zhongtong Guomai generates negative cash flow from operations | |
| About 27.0% of the company shares are owned by insiders or employees |
Zhongtong Guomai 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 Zhongtong Stock often depends not only on the future outlook of the current and potential Zhongtong Guomai'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. Zhongtong Guomai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 143.3 M |
Zhongtong Guomai Technical Analysis
Zhongtong Guomai's future price can be derived by breaking down and analyzing its technical indicators over time. Zhongtong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhongtong Guomai Communication. In general, you should focus on analyzing Zhongtong Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhongtong Guomai Predictive Forecast Models
Zhongtong Guomai's time-series forecasting models is one of many Zhongtong Guomai'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 Zhongtong Guomai'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 Zhongtong Guomai Com
Checking the ongoing alerts about Zhongtong Guomai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhongtong Guomai Com help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhongtong Guomai Com appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 309.22 M. Net Loss for the year was (242.22 M) with profit before overhead, payroll, taxes, and interest of 57.26 M. | |
| Zhongtong Guomai generates negative cash flow from operations | |
| About 27.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Zhongtong Stock
Zhongtong Guomai financial ratios help investors to determine whether Zhongtong 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 Zhongtong with respect to the benefits of owning Zhongtong Guomai security.