Hangzhou Pinming (China) Probability of Future Stock Price Finishing Under 14.13
| 688109 Stock | 27.92 0.63 2.21% |
Hangzhou |
Hangzhou Pinming Target Price Odds to finish below 14.13
The tendency of Hangzhou 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 14.13 or more in 90 days |
| 27.92 | 90 days | 14.13 | near 1 |
Based on a normal probability distribution, the odds of Hangzhou Pinming to drop to 14.13 or more in 90 days from now is near 1 (This Hangzhou Pinming Software probability density function shows the probability of Hangzhou Stock to fall within a particular range of prices over 90 days) . Probability of Hangzhou Pinming Software price to stay between 14.13 and its current price of 27.92 at the end of the 90-day period is about 71.25 .
Assuming the 90 days trading horizon Hangzhou Pinming Software has a beta of -0.068. This suggests as returns on the benchmark increase, returns on holding Hangzhou Pinming are expected to decrease at a much lower rate. During a bear market, however, Hangzhou Pinming Software is likely to outperform the market. Additionally Hangzhou Pinming Software has an alpha of 0.1359, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hangzhou Pinming Price Density |
| Price |
Predictive Modules for Hangzhou Pinming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hangzhou Pinming Software. 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.Hangzhou Pinming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hangzhou Pinming is not an exception. The market had few large corrections towards the Hangzhou Pinming'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 Hangzhou Pinming Software, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hangzhou Pinming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 1.62 | |
Ir | Information ratio | 0 |
Hangzhou Pinming 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 Hangzhou Pinming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hangzhou Pinming Software can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hangzhou Pinming had very high historical volatility over the last 90 days | |
| Hangzhou Pinming is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by insiders or employees |
Hangzhou Pinming 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 Hangzhou Stock often depends not only on the future outlook of the current and potential Hangzhou Pinming'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. Hangzhou Pinming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 78.8 M |
Hangzhou Pinming Technical Analysis
Hangzhou Pinming's future price can be derived by breaking down and analyzing its technical indicators over time. Hangzhou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hangzhou Pinming Software. In general, you should focus on analyzing Hangzhou Stock price patterns and their correlations with different microeconomic environments and drivers.
Hangzhou Pinming Predictive Forecast Models
Hangzhou Pinming's time-series forecasting models is one of many Hangzhou Pinming'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 Hangzhou Pinming'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 Hangzhou Pinming Software
Checking the ongoing alerts about Hangzhou Pinming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hangzhou Pinming Software help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hangzhou Pinming had very high historical volatility over the last 90 days | |
| Hangzhou Pinming is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Hangzhou Stock
Hangzhou Pinming financial ratios help investors to determine whether Hangzhou 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 Hangzhou with respect to the benefits of owning Hangzhou Pinming security.