Zhengping RoadBridge (China) Probability of Future Stock Price Finishing Over 3.07
| 603843 Stock | 3.05 0.03 0.97% |
Zhengping |
Zhengping RoadBridge Target Price Odds to finish over 3.07
The tendency of Zhengping 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 3.07 or more in 90 days |
| 3.05 | 90 days | 3.07 | about 15.87 |
Based on a normal probability distribution, the odds of Zhengping RoadBridge to move over 3.07 or more in 90 days from now is about 15.87 (This Zhengping RoadBridge Constr probability density function shows the probability of Zhengping Stock to fall within a particular range of prices over 90 days) . Probability of Zhengping RoadBridge price to stay between its current price of 3.05 and 3.07 at the end of the 90-day period is about 1.93 .
Assuming the 90 days trading horizon Zhengping RoadBridge has a beta of 0.67. This suggests as returns on the market go up, Zhengping RoadBridge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zhengping RoadBridge Constr will be expected to be much smaller as well. Additionally Zhengping RoadBridge Constr has an alpha of 0.0446, implying that it can generate a 0.0446 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhengping RoadBridge Price Density |
| Price |
Predictive Modules for Zhengping RoadBridge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhengping RoadBridge. 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.Zhengping RoadBridge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhengping RoadBridge is not an exception. The market had few large corrections towards the Zhengping RoadBridge'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 Zhengping RoadBridge Constr, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhengping RoadBridge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.67 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | 0.0007 |
Zhengping RoadBridge 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 Zhengping RoadBridge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhengping RoadBridge can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhengping RoadBridge had very high historical volatility over the last 90 days | |
| Zhengping RoadBridge has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.91 B. Net Loss for the year was (531.6 M) with profit before overhead, payroll, taxes, and interest of 569.68 M. | |
| Zhengping RoadBridge generates negative cash flow from operations | |
| About 35.0% of the company shares are owned by insiders or employees |
Zhengping RoadBridge 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 Zhengping Stock often depends not only on the future outlook of the current and potential Zhengping RoadBridge'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. Zhengping RoadBridge's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 699.6 M |
Zhengping RoadBridge Technical Analysis
Zhengping RoadBridge's future price can be derived by breaking down and analyzing its technical indicators over time. Zhengping Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhengping RoadBridge Constr. In general, you should focus on analyzing Zhengping Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhengping RoadBridge Predictive Forecast Models
Zhengping RoadBridge's time-series forecasting models is one of many Zhengping RoadBridge'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 Zhengping RoadBridge'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 Zhengping RoadBridge
Checking the ongoing alerts about Zhengping RoadBridge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhengping RoadBridge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhengping RoadBridge had very high historical volatility over the last 90 days | |
| Zhengping RoadBridge has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.91 B. Net Loss for the year was (531.6 M) with profit before overhead, payroll, taxes, and interest of 569.68 M. | |
| Zhengping RoadBridge generates negative cash flow from operations | |
| About 35.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Zhengping Stock
Zhengping RoadBridge financial ratios help investors to determine whether Zhengping 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 Zhengping with respect to the benefits of owning Zhengping RoadBridge security.