Yifeng Pharmacy (China) Probability of Future Stock Price Finishing Under 22.09
| 603939 Stock | 23.42 0.12 0.52% |
Yifeng |
Yifeng Pharmacy Target Price Odds to finish below 22.09
The tendency of Yifeng 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 22.09 or more in 90 days |
| 23.42 | 90 days | 22.09 | about 48.78 |
Based on a normal probability distribution, the odds of Yifeng Pharmacy to drop to 22.09 or more in 90 days from now is about 48.78 (This Yifeng Pharmacy probability density function shows the probability of Yifeng Stock to fall within a particular range of prices over 90 days) . Probability of Yifeng Pharmacy price to stay between 22.09 and its current price of 23.42 at the end of the 90-day period is about 17.72 .
Assuming the 90 days trading horizon Yifeng Pharmacy has a beta of -0.11. This suggests as returns on the benchmark increase, returns on holding Yifeng Pharmacy are expected to decrease at a much lower rate. During a bear market, however, Yifeng Pharmacy is likely to outperform the market. Additionally Yifeng Pharmacy has an alpha of 0.4017, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yifeng Pharmacy Price Density |
| Price |
Predictive Modules for Yifeng Pharmacy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yifeng Pharmacy. 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.Yifeng Pharmacy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yifeng Pharmacy is not an exception. The market had few large corrections towards the Yifeng Pharmacy'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 Yifeng Pharmacy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yifeng Pharmacy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 2.91 | |
Ir | Information ratio | 0.07 |
Yifeng Pharmacy 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 Yifeng Pharmacy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yifeng Pharmacy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yifeng Pharmacy had very high historical volatility over the last 90 days | |
| Yifeng Pharmacy is unlikely to experience financial distress in the next 2 years | |
| About 54.0% of the company shares are owned by insiders or employees |
Yifeng Pharmacy 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 Yifeng Stock often depends not only on the future outlook of the current and potential Yifeng Pharmacy'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. Yifeng Pharmacy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
Yifeng Pharmacy Technical Analysis
Yifeng Pharmacy's future price can be derived by breaking down and analyzing its technical indicators over time. Yifeng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yifeng Pharmacy. In general, you should focus on analyzing Yifeng Stock price patterns and their correlations with different microeconomic environments and drivers.
Yifeng Pharmacy Predictive Forecast Models
Yifeng Pharmacy's time-series forecasting models is one of many Yifeng Pharmacy'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 Yifeng Pharmacy'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 Yifeng Pharmacy
Checking the ongoing alerts about Yifeng Pharmacy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yifeng Pharmacy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yifeng Pharmacy had very high historical volatility over the last 90 days | |
| Yifeng Pharmacy is unlikely to experience financial distress in the next 2 years | |
| About 54.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Yifeng Stock
Yifeng Pharmacy financial ratios help investors to determine whether Yifeng 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 Yifeng with respect to the benefits of owning Yifeng Pharmacy security.