JCHX Mining (China) Probability of Future Stock Price Finishing Over 38.87
| 603979 Stock | 39.08 0.38 0.98% |
JCHX |
JCHX Mining Target Price Odds to finish over 38.87
The tendency of JCHX 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 38.87 in 90 days |
| 39.08 | 90 days | 38.87 | about 80.28 |
Based on a normal probability distribution, the odds of JCHX Mining to stay above 38.87 in 90 days from now is about 80.28 (This JCHX Mining Management probability density function shows the probability of JCHX Stock to fall within a particular range of prices over 90 days) . Probability of JCHX Mining Management price to stay between 38.87 and its current price of 39.08 at the end of the 90-day period is roughly 2.12 .
Assuming the 90 days trading horizon JCHX Mining Management has a beta of -0.3. This suggests as returns on the benchmark increase, returns on holding JCHX Mining are expected to decrease at a much lower rate. During a bear market, however, JCHX Mining Management is likely to outperform the market. Additionally JCHX Mining Management has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. JCHX Mining Price Density |
| Price |
Predictive Modules for JCHX Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JCHX Mining Management. 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.JCHX Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JCHX Mining is not an exception. The market had few large corrections towards the JCHX Mining'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 JCHX Mining Management, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JCHX Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0093 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 2.83 | |
Ir | Information ratio | -0.05 |
JCHX Mining 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 JCHX Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JCHX Mining Management can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JCHX Mining had very high historical volatility over the last 90 days | |
| JCHX Mining is unlikely to experience financial distress in the next 2 years | |
| About 43.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is JCHX Mining ManagementLtd A Risky Investment - Simply Wall St |
JCHX Mining 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 JCHX Stock often depends not only on the future outlook of the current and potential JCHX Mining'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. JCHX Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 602.1 M |
JCHX Mining Technical Analysis
JCHX Mining's future price can be derived by breaking down and analyzing its technical indicators over time. JCHX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JCHX Mining Management. In general, you should focus on analyzing JCHX Stock price patterns and their correlations with different microeconomic environments and drivers.
JCHX Mining Predictive Forecast Models
JCHX Mining's time-series forecasting models is one of many JCHX Mining'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 JCHX Mining'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 JCHX Mining Management
Checking the ongoing alerts about JCHX Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JCHX Mining Management help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JCHX Mining had very high historical volatility over the last 90 days | |
| JCHX Mining is unlikely to experience financial distress in the next 2 years | |
| About 43.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is JCHX Mining ManagementLtd A Risky Investment - Simply Wall St |
Other Information on Investing in JCHX Stock
JCHX Mining financial ratios help investors to determine whether JCHX 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 JCHX with respect to the benefits of owning JCHX Mining security.