Guangzhou Risong (China) Probability of Future Stock Price Finishing Under 33.24
| 688090 Stock | 37.75 0.48 1.26% |
Guangzhou |
Guangzhou Risong Target Price Odds to finish below 33.24
The tendency of Guangzhou 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 33.24 or more in 90 days |
| 37.75 | 90 days | 33.24 | about 7.23 |
Based on a normal probability distribution, the odds of Guangzhou Risong to drop to 33.24 or more in 90 days from now is about 7.23 (This Guangzhou Risong Intelligent probability density function shows the probability of Guangzhou Stock to fall within a particular range of prices over 90 days) . Probability of Guangzhou Risong Int price to stay between 33.24 and its current price of 37.75 at the end of the 90-day period is about 6.07 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.07 . This suggests Guangzhou Risong Intelligent market returns are sensitive to returns on the market. As the market goes up or down, Guangzhou Risong is expected to follow. Additionally Guangzhou Risong Intelligent 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. Guangzhou Risong Price Density |
| Price |
Predictive Modules for Guangzhou Risong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guangzhou Risong Int. 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.Guangzhou Risong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guangzhou Risong is not an exception. The market had few large corrections towards the Guangzhou Risong'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 Guangzhou Risong Intelligent, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guangzhou Risong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.49 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 13.04 | |
Ir | Information ratio | -0.1 |
Guangzhou Risong 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 Guangzhou Risong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guangzhou Risong Int can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guangzhou Risong Int generated a negative expected return over the last 90 days | |
| Guangzhou Risong Int has high historical volatility and very poor performance | |
| Guangzhou Risong Int is unlikely to experience financial distress in the next 2 years | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Dont Race Out To Buy Tianjin Ruixin Technology Co.,Ltd Just Because Its Going Ex-Dividend - Simply Wall St |
Guangzhou Risong 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 Guangzhou Stock often depends not only on the future outlook of the current and potential Guangzhou Risong'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. Guangzhou Risong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 94.3 M |
Guangzhou Risong Technical Analysis
Guangzhou Risong's future price can be derived by breaking down and analyzing its technical indicators over time. Guangzhou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guangzhou Risong Intelligent. In general, you should focus on analyzing Guangzhou Stock price patterns and their correlations with different microeconomic environments and drivers.
Guangzhou Risong Predictive Forecast Models
Guangzhou Risong's time-series forecasting models is one of many Guangzhou Risong'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 Guangzhou Risong'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 Guangzhou Risong Int
Checking the ongoing alerts about Guangzhou Risong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guangzhou Risong Int help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guangzhou Risong Int generated a negative expected return over the last 90 days | |
| Guangzhou Risong Int has high historical volatility and very poor performance | |
| Guangzhou Risong Int is unlikely to experience financial distress in the next 2 years | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Dont Race Out To Buy Tianjin Ruixin Technology Co.,Ltd Just Because Its Going Ex-Dividend - Simply Wall St |
Other Information on Investing in Guangzhou Stock
Guangzhou Risong financial ratios help investors to determine whether Guangzhou 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 Guangzhou with respect to the benefits of owning Guangzhou Risong security.