Shuhua Sports (China) Probability of Future Stock Price Finishing Under 6.45
| 605299 Stock | 7.65 0.33 4.14% |
Shuhua |
Shuhua Sports Target Price Odds to finish below 6.45
The tendency of Shuhua 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 6.45 or more in 90 days |
| 7.65 | 90 days | 6.45 | roughly 2.93 |
Based on a normal probability distribution, the odds of Shuhua Sports to drop to 6.45 or more in 90 days from now is roughly 2.93 (This Shuhua Sports Co probability density function shows the probability of Shuhua Stock to fall within a particular range of prices over 90 days) . Probability of Shuhua Sports price to stay between 6.45 and its current price of 7.65 at the end of the 90-day period is about 77.01 .
Assuming the 90 days trading horizon Shuhua Sports Co has a beta of -0.31. This suggests as returns on the benchmark increase, returns on holding Shuhua Sports are expected to decrease at a much lower rate. During a bear market, however, Shuhua Sports Co is likely to outperform the market. Additionally Shuhua Sports Co has an alpha of 0.1845, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shuhua Sports Price Density |
| Price |
Predictive Modules for Shuhua Sports
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shuhua Sports. 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.Shuhua Sports Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shuhua Sports is not an exception. The market had few large corrections towards the Shuhua Sports' 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 Shuhua Sports Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shuhua Sports within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | 0.02 |
Shuhua Sports 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 Shuhua Stock often depends not only on the future outlook of the current and potential Shuhua Sports' 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. Shuhua Sports' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 411.7 M | |
| Dividends Paid | 103.4 M |
Shuhua Sports Technical Analysis
Shuhua Sports' future price can be derived by breaking down and analyzing its technical indicators over time. Shuhua Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shuhua Sports Co. In general, you should focus on analyzing Shuhua Stock price patterns and their correlations with different microeconomic environments and drivers.
Shuhua Sports Predictive Forecast Models
Shuhua Sports' time-series forecasting models is one of many Shuhua Sports' 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 Shuhua Sports' 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Shuhua Sports in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Shuhua Sports' short interest history, or implied volatility extrapolated from Shuhua Sports options trading.
Other Information on Investing in Shuhua Stock
Shuhua Sports financial ratios help investors to determine whether Shuhua 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 Shuhua with respect to the benefits of owning Shuhua Sports security.