Loongson Technology (China) Probability of Future Stock Price Finishing Over 100.66
| 688047 Stock | 152.79 6.71 4.59% |
Loongson |
Loongson Technology Target Price Odds to finish over 100.66
The tendency of Loongson 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 100.66 in 90 days |
| 152.79 | 90 days | 100.66 | about 76.0 |
Based on a normal probability distribution, the odds of Loongson Technology to stay above 100.66 in 90 days from now is about 76.0 (This Loongson Technology Corp probability density function shows the probability of Loongson Stock to fall within a particular range of prices over 90 days) . Probability of Loongson Technology Corp price to stay between 100.66 and its current price of 152.79 at the end of the 90-day period is about 67.31 .
Assuming the 90 days trading horizon Loongson Technology has a beta of 0.57. This suggests as returns on the market go up, Loongson Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Loongson Technology Corp will be expected to be much smaller as well. Additionally Loongson Technology Corp has an alpha of 0.7242, implying that it can generate a 0.72 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Loongson Technology Price Density |
| Price |
Predictive Modules for Loongson Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Loongson Technology Corp. 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.Loongson Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Loongson Technology is not an exception. The market had few large corrections towards the Loongson Technology'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 Loongson Technology Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Loongson Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.72 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 25.22 | |
Ir | Information ratio | 0.13 |
Loongson Technology 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 Loongson Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Loongson Technology Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Loongson Technology is way too risky over 90 days horizon | |
| Loongson Technology appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 505.69 M. Net Loss for the year was (329.44 M) with profit before overhead, payroll, taxes, and interest of 739.34 M. | |
| Loongson Technology generates negative cash flow from operations | |
| About 72.0% of the company shares are owned by insiders or employees |
Loongson Technology 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 Loongson Stock often depends not only on the future outlook of the current and potential Loongson Technology'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. Loongson Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 401 M |
Loongson Technology Technical Analysis
Loongson Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Loongson Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Loongson Technology Corp. In general, you should focus on analyzing Loongson Stock price patterns and their correlations with different microeconomic environments and drivers.
Loongson Technology Predictive Forecast Models
Loongson Technology's time-series forecasting models is one of many Loongson Technology'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 Loongson Technology'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 Loongson Technology Corp
Checking the ongoing alerts about Loongson Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Loongson Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Loongson Technology is way too risky over 90 days horizon | |
| Loongson Technology appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 505.69 M. Net Loss for the year was (329.44 M) with profit before overhead, payroll, taxes, and interest of 739.34 M. | |
| Loongson Technology generates negative cash flow from operations | |
| About 72.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Loongson Stock
Loongson Technology financial ratios help investors to determine whether Loongson 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 Loongson with respect to the benefits of owning Loongson Technology security.