Zoy Home (China) Odds of Future Stock Price Finishing Over 11.29
| 603709 Stock | 11.54 0.23 2.03% |
Zoy |
Zoy Home Target Price Odds to finish over 11.29
The tendency of Zoy 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 above 11.29 in 90 days |
| 11.54 | 90 days | 11.29 | about 5.2 |
Based on a normal probability distribution, the odds of Zoy Home to stay above 11.29 in 90 days from now is about 5.2 (This Zoy Home Furnishing probability density function shows the probability of Zoy Stock to fall within a particular range of prices over 90 days) . Probability of Zoy Home Furnishing price to stay between 11.29 and its current price of 11.54 at the end of the 90-day period is roughly 2.05 .
Assuming the 90 days trading horizon Zoy Home has a beta of 0.0442. This suggests as returns on the market go up, Zoy Home average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zoy Home Furnishing will be expected to be much smaller as well. Additionally Zoy Home Furnishing has an alpha of 0.428, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zoy Home Price Density |
| Price |
Predictive Modules for Zoy Home
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zoy Home Furnishing. 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.Zoy Home Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zoy Home is not an exception. The market had few large corrections towards the Zoy Home'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 Zoy Home Furnishing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zoy Home within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | 0.12 |
Zoy Home 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 Zoy Home for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zoy Home Furnishing 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 76.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: ZOY HOME FURNISHING CO LTD- The GF Scores 5 Key Aspects of Analysis - GuruFocus.com |
Zoy Home 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 Zoy Stock often depends not only on the future outlook of the current and potential Zoy Home'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. Zoy Home's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 124.8 M |
Zoy Home Technical Analysis
Zoy Home's future price can be derived by breaking down and analyzing its technical indicators over time. Zoy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zoy Home Furnishing. In general, you should focus on analyzing Zoy Stock price patterns and their correlations with different microeconomic environments and drivers.
Zoy Home Predictive Forecast Models
Zoy Home's time-series forecasting models is one of many Zoy Home'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 Zoy Home'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 Zoy Home Furnishing
Checking the ongoing alerts about Zoy Home for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zoy Home Furnishing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 76.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: ZOY HOME FURNISHING CO LTD- The GF Scores 5 Key Aspects of Analysis - GuruFocus.com |
Other Information on Investing in Zoy Stock
Zoy Home financial ratios help investors to determine whether Zoy 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 Zoy with respect to the benefits of owning Zoy Home security.